Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Trading 0.9% Higher – Should You Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s stock price traded up 0.9% on Friday . The company traded as high as $44.29 and last traded at $44.16. Approximately 98,988 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 209,589 shares. The stock had previously closed at $43.78.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 0.9%

The firm’s 50 day moving average is $44.01 and its two-hundred day moving average is $43.65. The firm has a market cap of $1.50 billion, a P/E ratio of 10.04 and a beta of 0.84.

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

Several institutional investors and hedge funds have recently made changes to their positions in ICOW. Cozad Asset Management Inc. lifted its stake in Pacer Developed Markets International Cash Cows 100 ETF by 0.6% in the first quarter. Cozad Asset Management Inc. now owns 64,989 shares of the company’s stock valued at $2,758,000 after buying an additional 415 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of 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% during 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. Longview Financial Advisors Inc. increased its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 2.1% during the second quarter. Longview Financial Advisors Inc. now owns 329,969 shares of the company’s stock worth $13,737,000 after acquiring an additional 6,864 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the first quarter worth $333,000.

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.