Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Decreases By 37.3%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 79,079 shares, a decline of 37.3% from the December 31st total of 126,065 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 458,049 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 458,049 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Corp purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter worth $109,000. Private Trust Co. NA lifted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 11.3% in the 4th quarter. Private Trust Co. NA now owns 7,042 shares of the company’s stock worth $248,000 after purchasing an additional 713 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF by 32.0% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 40,667 shares of the company’s stock worth $1,432,000 after purchasing an additional 9,865 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter valued at about $86,000. Finally, Team Financial Group LLC grew its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 3.2% during the fourth quarter. Team Financial Group LLC now owns 225,247 shares of the company’s stock valued at $7,931,000 after purchasing an additional 6,917 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 2.6%

COWG traded down $0.95 during midday trading on Friday, reaching $35.32. The company had a trading volume of 751,557 shares, compared to its average volume of 548,393. The business has a 50-day moving average of $35.66 and a two-hundred day moving average of $35.57. The company has a market cap of $2.40 billion, a P/E ratio of 30.38 and a beta of 1.10. 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.

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.