Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Hits New 12-Month High – Time to Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $43.65 and last traded at $43.6250, with a volume of 37902 shares trading hands. The stock had previously closed at $43.46.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 0.6%

The firm’s fifty day moving average is $40.55 and its 200-day moving average is $38.19. The stock has a market capitalization of $1.49 billion, a PE ratio of 10.04 and a beta of 0.84.

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

Several large investors have recently made changes to their positions in the stock. Harbor Investment Advisory LLC acquired a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at approximately $33,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the second quarter worth $141,000. SOL Capital Management CO purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the fourth quarter worth $213,000. Flow Traders U.S. LLC acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the second quarter valued at $587,000. Finally, Lake Street Private Wealth LLC raised its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.8% in the 3rd quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock valued at $885,000 after buying an additional 420 shares during the period.

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.