Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Significant Growth in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 26,955 shares, an increase of 63.9% from the February 12th total of 16,447 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 474,874 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 474,874 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ:COWG opened at $33.86 on Friday. The company’s fifty day moving average is $35.37 and its two-hundred day moving average is $35.52. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1-year low of $26.20 and a 1-year high of $37.17. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of 30.38 and a beta of 1.10.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were issued a $0.0103 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Several institutional investors have recently made changes to their positions in the stock. Baird Financial Group Inc. lifted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13.1% in the 2nd quarter. Baird Financial Group Inc. now owns 173,538 shares of the company’s stock worth $6,093,000 after purchasing an additional 20,074 shares during the last quarter. RVW Wealth LLC grew its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 208.4% during the 3rd quarter. RVW Wealth LLC now owns 246,829 shares of the company’s stock worth $8,960,000 after buying an additional 166,789 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 33.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 70,452 shares of the company’s stock worth $2,557,000 after buying an additional 17,788 shares during the last quarter. Cozad Asset Management Inc. increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 56.8% in the second quarter. Cozad Asset Management Inc. now owns 16,281 shares of the company’s stock worth $572,000 after buying an additional 5,896 shares during the period. Finally, Colonial Trust Co SC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter worth $77,000.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.