Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Reaches New 52-Week High – Time to Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s stock price hit a new 52-week high on Monday . The stock traded as high as $38.4598 and last traded at $38.4790, with a volume of 35639 shares. The stock had previously closed at $38.33.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

The firm’s 50-day moving average price is $37.41 and its two-hundred day moving average price is $35.57. The firm has a market cap of $1.31 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 hedge funds have recently made changes to their positions in ICOW. Baird Financial Group Inc. increased its position in Pacer Developed Markets International Cash Cows 100 ETF by 2.4% during the first quarter. Baird Financial Group Inc. now owns 732,457 shares of the company’s stock worth $23,006,000 after buying an additional 17,015 shares during the period. Jones Financial Companies Lllp raised its position in Pacer Developed Markets International Cash Cows 100 ETF by 21.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 290,521 shares of the company’s stock valued at $10,578,000 after purchasing an additional 51,257 shares during the last quarter. Captrust Financial Advisors raised its position in Pacer Developed Markets International Cash Cows 100 ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock valued at $2,777,000 after purchasing an additional 649 shares during the last quarter. NewEdge Advisors LLC boosted its stake 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 purchasing an additional 562 shares during the period. Finally, Cozad Asset Management Inc. boosted its stake 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 purchasing an additional 8,717 shares during the period.

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.