Short Interest in Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Decreases By 57.0%

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 71,138 shares, a decline of 57.0% from the June 15th total of 165,393 shares. Based on an average daily volume of 160,384 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

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

Several institutional investors have recently modified their holdings of ICOW. Sankala Group LLC bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the fourth quarter worth $460,000. Longview Financial Advisors Inc. boosted its position in Pacer Developed Markets International Cash Cows 100 ETF by 4.1% in the first quarter. Longview Financial Advisors Inc. now owns 323,105 shares of the company’s stock worth $13,713,000 after purchasing an additional 12,699 shares during the last quarter. Miller Global Investments LLC bought a new position in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at $1,039,000. Harbor Investment Advisory LLC bought a new position in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at $33,000. Finally, SOL Capital Management CO purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter valued at $213,000.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

Shares of ICOW stock opened at $42.37 on Tuesday. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a 52-week low of $33.79 and a 52-week high of $45.70. The company has a 50-day simple moving average of $43.77 and a two-hundred day simple moving average of $42.63.

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.