Pacer Looks to Capitalize on Cash ETF With New Large-Caps Filing
- Issuer looks to launch US Large Cap Cash Cows Growth Leaders
- Pacer follows up on investor hit ETF, COWZ, with new filing
This article is for subscribers only.
Pacer is looking to tap into its hit cash flow-oriented product with another exchange-traded fund.
The issuer wants to launch the US Large Cap Cash Cows Growth Leaders ETF, a passive fund focused on companies in the Russell 1000 with high free cash-flow margins, according to a Tuesday filing. These so-called “cash cows” have been attracting attention as investors seek out havens amid market turmoil.