Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Stock Breaks Above Two Hundred Day Moving Average – Here’s Why

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW)’s share price crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $43.37 and traded as high as $43.43. Pacer Developed Markets International Cash Cows 100 ETF shares last traded at $43.43, with a volume of 75,025 shares changing hands.

Pacer Developed Markets International Cash Cows 100 ETF Stock Up 0.5%

The stock has a market cap of $1.79 billion, a P/E ratio of 12.99 and a beta of 0.75. The business has a 50-day simple moving average of $43.00 and a 200-day simple moving average of $43.37.

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

Several institutional investors have recently added to or reduced their stakes in ICOW. RVW Wealth LLC bought a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the third quarter worth $211,000. Farther Finance Advisors LLC bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the third quarter valued at about $330,000. Arkadios Wealth Advisors bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the first quarter valued at about $333,000. Kingswood Wealth Advisors LLC acquired a new position in Pacer Developed Markets International Cash Cows 100 ETF in the third quarter valued at about $388,000. Finally, Planning Strategies Inc. acquired a new position in Pacer Developed Markets International Cash Cows 100 ETF in the third quarter valued at about $579,000.

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.