Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sets New 52-Week High – Still a Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) reached a new 52-week high on Monday . The stock traded as high as $39.12 and last traded at $41.0290, with a volume of 181911 shares traded. The stock had previously closed at $38.68.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 6.4%

The company has a market cap of $1.40 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84. The stock’s 50 day moving average price is $39.46 and its 200 day moving average price is $37.44.

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

A number of hedge funds have recently made changes to their positions in ICOW. Flow Traders U.S. LLC purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 2nd quarter worth $587,000. Cozad Asset Management Inc. increased its stake in Pacer Developed Markets International Cash Cows 100 ETF by 2.8% during the second quarter. Cozad Asset Management Inc. now owns 55,393 shares of the company’s stock worth $1,885,000 after acquiring an additional 1,509 shares during the last quarter. Copia Wealth Management raised its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 54.1% in the 2nd quarter. Copia Wealth Management now owns 1,586 shares of the company’s stock worth $54,000 after purchasing an additional 557 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 2nd quarter valued at about $141,000. Finally, SOL Capital Management CO acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at about $213,000.

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.