Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Reaches New 1-Year High – Still a Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $43.65 and last traded at $43.6250, with a volume of 37902 shares changing hands. The stock had previously closed at $43.46.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

The company has a market cap of $1.49 billion, a PE ratio of 10.04 and a beta of 0.84. The company has a 50-day moving average price of $40.64 and a two-hundred day moving average price of $38.28.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

A number of hedge funds have recently made changes to their positions in the company. Flow Traders U.S. LLC purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the second quarter valued at $587,000. Cozad Asset Management Inc. lifted its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 2.8% in the 2nd quarter. Cozad Asset Management Inc. now owns 55,393 shares of the company’s stock worth $1,885,000 after buying an additional 1,509 shares in the last quarter. Jones Financial Companies Lllp boosted 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 valued at $10,578,000 after buying an additional 51,257 shares during the last quarter. Longview Financial Advisors Inc. grew its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.5% during the fourth 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 in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.8% during the third quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after acquiring 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.