Pacer Advisors Inc. Cuts Position in Pacer Developed Markets International Cash Cows 100 ETF $ICOW

Pacer Advisors Inc. trimmed its stake in Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) by 3.3% in the 1st quarter, HoldingsChannel reports. The fund owned 440,250 shares of the company’s stock after selling 15,172 shares during the quarter. Pacer Advisors Inc.’s holdings in Pacer Developed Markets International Cash Cows 100 ETF were worth $18,684,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the first quarter valued at about $9,840,000. NewEdge Advisors LLC raised its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 71.5% in the fourth quarter. NewEdge Advisors LLC now owns 125,205 shares of the company’s stock worth $4,843,000 after purchasing an additional 52,217 shares in the last quarter. Barometer Capital Management Inc. purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the first quarter valued at about $598,000. Longview Financial Advisors Inc. lifted its position in shares of Pacer Developed Markets International Cash Cows 100 ETF by 4.1% during the first quarter. Longview Financial Advisors Inc. now owns 323,105 shares of the company’s stock valued at $13,713,000 after buying an additional 12,699 shares during the last quarter. Finally, Sankala Group LLC bought a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at about $460,000.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

BATS:ICOW opened at $44.03 on Wednesday. The company’s 50-day simple moving average is $43.14 and its 200-day simple moving average is $43.05. Pacer Developed Markets International Cash Cows 100 ETF has a fifty-two week low of $34.17 and a fifty-two week high of $45.70. The stock has a market capitalization of $1.50 billion, a P/E ratio of 10.04 and a beta of 0.84.

About Pacer Developed Markets International Cash Cows 100 ETF

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.