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The Pacer Pulse
June 2026 

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Pacer U.S. Large Cap Cash Cows Growth
Leaders Index Rebalance

– Danke Wang, CFA, FRM

The Pacer US Large Cap Cash Cows Growth Leaders Index (COWG Index) completed its June 2026 quarterly reconstitution. The latest rebalance continued to emphasize free cash flow (FCF) generation, while allowing position weights to adapt to evolving market leadership through momentum-based weighting framework.


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