Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sees Significant Decrease in Short Interest

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 56,080 shares, a drop of 62.9% from the July 15th total of 150,962 shares. Based on an average daily trading volume, of 217,746 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

Shares of BATS ICOW opened at $45.01 on Friday. Pacer Developed Markets International Cash Cows 100 ETF has a fifty-two week low of $35.26 and a fifty-two week high of $45.70. The company has a market cap of $1.53 billion, a PE ratio of 10.04 and a beta of 0.84. The business has a 50-day simple moving average of $43.09 and a two-hundred day simple moving average of $43.28.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. SOL Capital Management CO purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth approximately $213,000. Arkadios Wealth Advisors acquired a new position in Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter valued at approximately $333,000. Sankala Group LLC purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter worth $460,000. Barometer Capital Management Inc. purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the first quarter worth $598,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.8% in the third quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after buying an additional 562 shares during the last quarter.

Pacer Developed Markets International Cash Cows 100 ETF Company Profile

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.