Pacer ETFs Expands Fund Offerings with Launch of the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF
Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG)
Company Research
Source: Business Wire
The firm continues its impressive expansion with newest addition to its Cash Cows Growth Series to offer growth-focused investors new, innovative strategy MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow ETFs*, announces today the launch of the new fund: the Pacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETF (Nasdaq: QQQG).As the latest addition to the Cash Cows Growth Series, QQQG employs a rules-based strategy offering exposure to the top 50 large cap growth companies in the Nasdaq-100 Index with the highest free cash flow margins. By focusing on high free cash flow margins as an investment parameter, the fund’s strategy can identify companies with potentially higher current and future sales and earnings growth.“Growth opportunities are a critical component of a well-rounded investment portfolio, but many growth-oriented funds are often similar in their underlying holdings and approaches,” said Sean O’Hara, President of Pacer ETF Di
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