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

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 150,962 shares, a growth of 112.2% from the June 30th total of 71,138 shares. Based on an average trading volume of 163,751 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are sold short.

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

A number of large investors have recently modified their holdings of the company. NewEdge Advisors LLC raised its holdings in 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 valued at $2,658,000 after buying an additional 562 shares during the period. Captrust Financial Advisors increased its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.9% in the third quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock worth $2,777,000 after acquiring an additional 649 shares in the last quarter. SOL Capital Management CO purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at $213,000. Longview Financial Advisors Inc. lifted its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.5% during the 4th 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, Sankala Group LLC purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth $460,000.

Pacer Developed Markets International Cash Cows 100 ETF Stock Up 0.8%

ICOW stock opened at $43.27 on Wednesday. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84. The business has a fifty day simple moving average of $43.26 and a 200-day simple moving average of $42.91. Pacer Developed Markets International Cash Cows 100 ETF has a 52 week low of $33.80 and a 52 week high of $45.70.

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.