Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Stock Falls 0.1% – What’s Next?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) dropped 0.1% during mid-day trading on Friday. The stock traded as low as $42.49 and last traded at $42.74. 76,275 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 192,500 shares. The stock had previously closed at $42.79.

Pacer Developed Markets International Cash Cows 100 ETF Trading Down 0.1%

The business has a 50-day moving average price of $43.41 and a 200 day moving average price of $43.23. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84.

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

A number of institutional investors and hedge funds have recently modified their holdings of ICOW. Longview Financial Advisors Inc. purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the third quarter valued at $13,979,000. Bank of New York Mellon Corp acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter valued at $9,840,000. Cozad Asset Management Inc. boosted its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.6% in the 1st quarter. Cozad Asset Management Inc. now owns 64,989 shares of the company’s stock valued at $2,758,000 after purchasing an additional 415 shares during the period. Miller Global Investments LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 3rd quarter valued at $1,056,000. Finally, Barometer Capital Management Inc. acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the first quarter valued at approximately $598,000.

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.