Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 31.8% in February

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 236,000 shares, a growth of 31.8% from the February 13th total of 179,100 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 570,900 shares, the days-to-cover ratio is currently 0.4 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Copia Wealth Management acquired a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter worth approximately $498,000. Baird Financial Group Inc. purchased a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth approximately $4,345,000. Belpointe Asset Management LLC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth $1,106,000. Cozad Asset Management Inc. acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth $255,000. Finally, Creative Financial Designs Inc. ADV raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock valued at $328,000 after purchasing an additional 3,914 shares during the period.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 1.3 %

NASDAQ COWG opened at $31.39 on Wednesday. The business’s fifty day simple moving average is $33.34 and its 200-day simple moving average is $31.69. The firm has a market cap of $1.10 billion, a PE ratio of 31.81 and a beta of 1.14. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52 week low of $24.12 and a 52 week high of $35.87.

Pacer US Large Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 12th. Investors of record on Thursday, March 6th were given a dividend of $0.0049 per share. The ex-dividend date of this dividend was Thursday, March 6th.

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.