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

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $38.2450 and last traded at $38.0110, with a volume of 73220 shares changing hands. The stock had previously closed at $38.17.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

The business has a fifty day moving average of $36.82 and a 200-day moving average of $34.93. The company has a market capitalization of $1.29 billion, a P/E ratio of 10.04 and a beta of 0.84.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of ICOW. Copia Wealth Management lifted its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 54.1% in the second quarter. Copia Wealth Management now owns 1,586 shares of the company’s stock valued at $54,000 after purchasing an additional 557 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the 2nd quarter valued at $141,000. Farther Finance Advisors LLC lifted its stake in 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 in the last quarter. Flow Traders U.S. LLC purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF during the 2nd quarter worth $587,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 7.9% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 50,406 shares of the company’s stock worth $1,583,000 after acquiring an additional 3,693 shares in the last quarter.

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.