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) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $38.2450 and last traded at $37.5350, with a volume of 73220 shares changing hands. The stock had previously closed at $38.17.

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

The firm has a market capitalization 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 Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ICOW. Captrust Financial Advisors raised its stake 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 during the period. NewEdge Advisors LLC raised its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.8% during the 3rd quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock valued at $2,658,000 after buying an additional 562 shares during the period. Cozad Asset Management Inc. lifted its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 15.7% in the third quarter. Cozad Asset Management Inc. now owns 64,110 shares of the company’s stock valued at $2,335,000 after acquiring an additional 8,717 shares during the last quarter. Lake Street Private Wealth LLC lifted its holdings in 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 valued at $885,000 after acquiring an additional 420 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in Pacer Developed Markets International Cash Cows 100 ETF by 21.4% in the third quarter. Jones Financial Companies Lllp now owns 290,521 shares of the company’s stock worth $10,578,000 after acquiring an additional 51,257 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.