Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sees Significant Decline in Short Interest

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 108,518 shares, a decrease of 44.3% from the April 15th total of 194,715 shares. Based on an average trading volume of 231,242 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ICOW. Nations Financial Group Inc. IA ADV lifted its position in Pacer Developed Markets International Cash Cows 100 ETF by 6.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 54,329 shares of the company’s stock worth $1,979,000 after buying an additional 3,248 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Pacer Developed Markets International Cash Cows 100 ETF by 21.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 290,521 shares of the company’s stock worth $10,578,000 after buying an additional 51,257 shares in the last quarter. Lake Street Private Wealth LLC lifted its position 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 buying an additional 420 shares in the last quarter. Cozad Asset Management Inc. lifted its position in Pacer Developed Markets International Cash Cows 100 ETF by 15.7% during the 3rd quarter. Cozad Asset Management Inc. now owns 64,110 shares of the company’s stock worth $2,335,000 after buying an additional 8,717 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in Pacer Developed Markets International Cash Cows 100 ETF by 0.8% during the 3rd quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after buying an additional 562 shares in the last quarter.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

Shares of BATS:ICOW opened at $44.75 on Friday. The business’s fifty day moving average price is $43.23 and its two-hundred day moving average price is $41.16. Pacer Developed Markets International Cash Cows 100 ETF has a fifty-two week low of $32.70 and a fifty-two week high of $45.65. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84.

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.