Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sets New 52-Week High – Still a Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $38.4598 and last traded at $39.2980, with a volume of 35639 shares trading hands. The stock had previously closed at $38.33.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

The company has a 50 day moving average of $38.39 and a 200-day moving average of $36.39. The company has a market cap of $1.33 billion, a P/E ratio of 10.04 and a beta of 0.84.

Institutional Investors Weigh In On Pacer Developed Markets International Cash Cows 100 ETF

Several institutional investors have recently added to or reduced their stakes in ICOW. Copia Wealth Management boosted its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 54.1% during the 2nd quarter. Copia Wealth Management now owns 1,586 shares of the company’s stock valued at $54,000 after purchasing an additional 557 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the second quarter valued at approximately $141,000. Farther Finance Advisors LLC increased its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 14,756.7% during the second quarter. Farther Finance Advisors LLC now owns 8,914 shares of the company’s stock valued at $303,000 after buying an additional 8,854 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 2nd quarter valued at about $587,000. Finally, Lake Street Private Wealth LLC boosted its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 1.8% in the 3rd quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock worth $885,000 after buying an additional 420 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.