Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Reaches New 12-Month High – Should You Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $45.65 and last traded at $45.53, with a volume of 245864 shares traded. The stock had previously closed at $45.18.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

The firm has a 50-day moving average price of $43.11 and a 200-day moving average price of $40.97. The stock has a market cap of $1.55 billion, a PE ratio of 10.04 and a beta of 0.84.

Hedge Funds Weigh In On Pacer Developed Markets International Cash Cows 100 ETF

Several large investors have recently modified their holdings of ICOW. Jones Financial Companies Lllp raised its position in Pacer Developed Markets International Cash Cows 100 ETF by 21.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 290,521 shares of the company’s stock worth $10,578,000 after buying an additional 51,257 shares during the last quarter. Miller Global Investments LLC purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter valued at about $1,039,000. Longview Financial Advisors Inc. boosted its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.5% during the 4th quarter. Longview Financial Advisors Inc. now owns 310,406 shares of the company’s stock valued at $12,007,000 after acquiring an additional 1,443 shares during the last quarter. Sankala Group LLC bought a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter worth approximately $460,000. Finally, Captrust Financial Advisors grew its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.9% in the third quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock worth $2,777,000 after acquiring an additional 649 shares during the period.

About Pacer Developed Markets International Cash Cows 100 ETF

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow. ICOW was launched on Jun 16, 2017 and is managed by Pacer.