The strategic issuer, Pacer ETFs, has just announced the launch of the Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG), available for trade on the Nasdaq. COWG plans to join the Pacer Cash Cows Index ETF Series which is Pacers largest series. A quote from the President of Pacer ETFs states, “As we continue navigating these uncertain economic times, strong fundamental qualities such as high free cash flow will remain a valuable measure for investment investment potential. We created COWG to deliver a new opportunity for investors that may provide a more growth-oriented strategy focusing on free cash flow margin.”
Pacer Launches Large Cap Cash Cows ETF
ETF Newz Says:
COWG plans to follow the Pacer US Large Cap Cash Cows Growth Leaders Index which tracks companies from the Russell 1000.