Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Trading Up 3% – Still a Buy?

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) shares shot up 3% during trading on Tuesday . The stock traded as high as $29.64 and last traded at $30.11. 237,389 shares traded hands during mid-day trading, The stock had previously closed at $29.24.

Pacer Developed Markets International Cash Cows 100 ETF Stock Up 3.0 %

The stock has a fifty day moving average of $29.67 and a two-hundred day moving average of $30.43. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 5.78 and a beta of 0.73.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ICOW. FDx Advisors Inc. lifted its stake in Pacer Developed Markets International Cash Cows 100 ETF by 2.1% in the 3rd quarter. FDx Advisors Inc. now owns 40,773 shares of the company’s stock valued at $1,290,000 after buying an additional 857 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 47,980 shares of the company’s stock worth $1,518,000 after acquiring an additional 478 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.0% in the third quarter. Janney Montgomery Scott LLC now owns 71,100 shares of the company’s stock valued at $2,249,000 after acquiring an additional 691 shares in the last quarter. Longview Financial Advisors Inc. boosted its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.7% during the third quarter. Longview Financial Advisors Inc. now owns 243,550 shares of the company’s stock valued at $7,704,000 after acquiring an additional 4,122 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in Pacer Developed Markets International Cash Cows 100 ETF by 0.6% during the 3rd quarter. Pacer Advisors Inc. now owns 576,120 shares of the company’s stock worth $18,223,000 after purchasing an additional 3,500 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.