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

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $45.65 and last traded at $45.53, with a volume of 245864 shares. The stock had previously closed at $45.18.

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

The company’s 50 day moving average price is $43.11 and its two-hundred day moving average price is $40.97. The stock has a market cap of $1.55 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 have recently made changes to their positions in ICOW. Harbor Investment Advisory LLC bought a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter worth approximately $33,000. SOL Capital Management CO purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter worth approximately $213,000. Sankala Group LLC bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth approximately $460,000. Lake Street Private Wealth LLC raised its stake in Pacer Developed Markets International Cash Cows 100 ETF by 1.8% during the 3rd quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock worth $885,000 after acquiring an additional 420 shares during the period. Finally, Miller Global Investments LLC purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF during the fourth quarter valued at approximately $1,039,000.

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.