Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Hits New 1-Year High – Time to Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) shares reached a new 52-week high on Monday . The stock traded as high as $38.4598 and last traded at $39.2980, with a volume of 35639 shares traded. The stock had previously closed at $38.33.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

The business’s 50-day moving average price is $38.46 and its 200-day moving average price is $36.46. The stock has a market cap of $1.32 billion, a P/E ratio of 10.04 and a beta of 0.84.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

Several hedge funds have recently made changes to their positions in ICOW. Copia Wealth Management boosted its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 54.1% in the second quarter. Copia Wealth Management now owns 1,586 shares of the company’s stock valued at $54,000 after purchasing an additional 557 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the second quarter worth $141,000. Farther Finance Advisors LLC raised its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 14,756.7% in the second quarter. Farther Finance Advisors LLC now owns 8,914 shares of the company’s stock valued at $303,000 after acquiring an additional 8,854 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF in the second quarter valued at $587,000. Finally, Lake Street Private Wealth LLC grew 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 purchasing an additional 420 shares in the last quarter.

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.