Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Hits New 12-Month High – What’s Next?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) reached a new 52-week high during trading on Monday . The company traded as high as $38.2450 and last traded at $38.1240, with a volume of 73220 shares trading hands. The stock had previously closed at $38.17.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 0.1%

The stock’s 50 day moving average price is $36.62 and its 200 day moving average price is $34.69. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ICOW. Pacer Advisors Inc. increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 6.5% during the 1st quarter. Pacer Advisors Inc. now owns 623,791 shares of the company’s stock valued at $19,593,000 after acquiring an additional 37,995 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 2nd quarter valued at about $587,000. Baird Financial Group Inc. increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 2.4% during the 1st quarter. Baird Financial Group Inc. now owns 732,457 shares of the company’s stock valued at $23,006,000 after acquiring an additional 17,015 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 14,756.7% during the 2nd 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 during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 2nd quarter valued at about $141,000.

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.