Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Shares Down 0.5% – Here’s Why

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was down 0.5% during trading on Friday. The company traded as low as $25.35 and last traded at $25.43. 62,035 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 48,598 shares. The stock had previously closed at $25.57.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 0.5%

The company has a market capitalization of $193.27 million, a price-to-earnings ratio of 10.14 and a beta of 0.61. The company’s fifty day simple moving average is $26.91 and its two-hundred day simple moving average is $27.05.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.5591 per share. This represents a $2.24 annualized dividend and a dividend yield of 8.8%. The ex-dividend date was Thursday, September 3rd.

About Pacer Emerging Markets Cash Cows 100 ETF

The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a fundamentally-weighted index of large- and mid-cap emerging market companies. ECOW was launched on May 2, 2019 and is managed by Pacer.