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) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 123,220 shares, a decrease of 39.0% from the May 14th total of 201,861 shares. Based on an average trading volume of 232,828 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the shares of the stock are sold short.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Harbor Investment Advisory LLC acquired a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth about $33,000. SOL Capital Management CO purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the fourth quarter valued at about $213,000. Arkadios Wealth Advisors acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the first quarter worth about $333,000. Sankala Group LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter worth about $460,000. Finally, Barometer Capital Management Inc. purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the first quarter worth approximately $598,000.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 0.7%

Shares of BATS ICOW traded up $0.32 during mid-day trading on Monday, reaching $44.22. The company had a trading volume of 45,838 shares, compared to its average volume of 238,088. The stock has a market cap of $1.50 billion, a PE ratio of 10.04 and a beta of 0.84. The company has a 50-day moving average price of $44.32 and a two-hundred day moving average price of $42.12. Pacer Developed Markets International Cash Cows 100 ETF has a 1-year low of $33.14 and a 1-year high of $45.70.

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.