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

Shares of Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $38.2450 and last traded at $37.5350, with a volume of 73220 shares trading hands. The stock had previously closed at $38.17.

Pacer Developed Markets International Cash Cows 100 ETF Stock Down 1.6%

The stock has a market cap of $1.28 billion, a PE ratio of 10.04 and a beta of 0.84. The business has a 50 day moving average price of $37.25 and a 200 day moving average price of $35.37.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Lake Street Private Wealth LLC raised its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.8% in the third quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock worth $885,000 after acquiring an additional 420 shares during the period. Copia Wealth Management increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 54.1% in 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. NewEdge Advisors LLC raised its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 0.8% in the 3rd quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after purchasing an additional 562 shares during the period. Captrust Financial Advisors boosted its position in Pacer Developed Markets International Cash Cows 100 ETF by 0.9% during the third quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock worth $2,777,000 after purchasing an additional 649 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 2.8% in the second quarter. Cozad Asset Management Inc. now owns 55,393 shares of the company’s stock valued at $1,885,000 after purchasing an additional 1,509 shares during the period.

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.