Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Trading Down 0.6% – Should You Sell?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) fell 0.6% on Tuesday . The stock traded as low as $28.95 and last traded at $29.06. 340,872 shares traded hands during mid-day trading, The stock had previously closed at $29.23.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 5.78 and a beta of 0.73. The business has a 50-day moving average of $29.95 and a 200-day moving average of $30.61.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Pacer Advisors Inc. lifted its stake in Pacer Developed Markets International Cash Cows 100 ETF by 0.6% in the 3rd quarter. Pacer Advisors Inc. now owns 576,120 shares of the company’s stock valued at $18,223,000 after purchasing an additional 3,500 shares during the last quarter. Longview Financial Advisors Inc. lifted its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.7% in the third quarter. Longview Financial Advisors Inc. now owns 243,550 shares of the company’s stock valued at $7,704,000 after buying an additional 4,122 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the second quarter valued at approximately $5,476,000. Janney Montgomery Scott LLC boosted its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 71,100 shares of the company’s stock worth $2,249,000 after acquiring an additional 691 shares during the period. Finally, Cozad Asset Management Inc. increased its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.8% during the 2nd quarter. Cozad Asset Management Inc. now owns 55,307 shares of the company’s stock worth $1,679,000 after acquiring an additional 958 shares during 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.