Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Reaches New 12-Month High – Still a Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) reached a new 52-week high on Tuesday . The company traded as high as $39.12 and last traded at $39.9880, with a volume of 181911 shares. The stock had previously closed at $38.68.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84. The firm has a fifty day simple moving average of $38.94 and a 200 day simple moving average of $37.02.

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

A number of large investors have recently added to or reduced their stakes in the stock. Lake Street Private Wealth LLC grew its position in shares of 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 purchasing an additional 420 shares during the period. Copia Wealth Management lifted its stake in Pacer Developed Markets International Cash Cows 100 ETF by 54.1% in the 2nd quarter. Copia Wealth Management now owns 1,586 shares of the company’s stock valued at $54,000 after buying an additional 557 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 0.8% in the 3rd quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after buying an additional 562 shares during the last quarter. Captrust Financial Advisors boosted its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock worth $2,777,000 after buying an additional 649 shares during the last quarter. Finally, Harbor Investment Advisory LLC purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth approximately $33,000.

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.