Pacer Emerging Markets Cash Cows 100 ETF Plans Quarterly Dividend of $0.86 (NASDAQ:ECOW)

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) declared a quarterly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.8612 per share on Monday, January 5th. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date is Tuesday, December 30th.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of ECOW stock traded down $0.76 on Tuesday, hitting $24.54. 51,774 shares of the stock traded hands, compared to its average volume of 25,497. Pacer Emerging Markets Cash Cows 100 ETF has a twelve month low of $17.80 and a twelve month high of $25.70. The firm’s 50-day moving average price is $25.10 and its two-hundred day moving average price is $23.84. The stock has a market capitalization of $120.25 million, a PE ratio of 10.14 and a beta of 0.73.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in ECOW. Farther Finance Advisors LLC acquired a new position in Pacer Emerging Markets Cash Cows 100 ETF in the second quarter valued at approximately $84,000. Baird Financial Group Inc. raised its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 19.0% in the 1st quarter. Baird Financial Group Inc. now owns 20,967 shares of the company’s stock valued at $428,000 after buying an additional 3,354 shares during the period. OLD Mission Capital LLC lifted its position in Pacer Emerging Markets Cash Cows 100 ETF by 56.5% in the first quarter. OLD Mission Capital LLC now owns 30,252 shares of the company’s stock valued at $618,000 after buying an additional 10,923 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its stake in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after buying an additional 2,766 shares during the period.

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.