Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Stock Price Up 3% – Here’s Why

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

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

The business’s 50-day simple moving average is $29.67 and its two-hundred day simple moving average is $30.43. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 5.78 and a beta of 0.73.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Nations Financial Group Inc. IA ADV grew its stake 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 in the last quarter. Janney Montgomery Scott LLC boosted its holdings in 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 purchasing an additional 691 shares during the period. FDx Advisors Inc. grew its stake in Pacer Developed Markets International Cash Cows 100 ETF by 2.1% during the 3rd quarter. FDx Advisors Inc. now owns 40,773 shares of the company’s stock worth $1,290,000 after purchasing an additional 857 shares in the last quarter. Pacer Advisors Inc. increased its holdings 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 during the period. Finally, Longview Financial Advisors Inc. raised its position in Pacer Developed Markets International Cash Cows 100 ETF by 1.7% in the 3rd quarter. Longview Financial Advisors Inc. now owns 243,550 shares of the company’s stock valued at $7,704,000 after purchasing an additional 4,122 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.