Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sees Significant Decline in Short Interest

by · The Markets Daily

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 56,080 shares, a decline of 62.9% from the July 15th total of 150,962 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 217,746 shares, the days-to-cover ratio is currently 0.3 days.

Pacer Developed Markets International Cash Cows 100 ETF Trading Up 0.9%

ICOW stock traded up $0.39 during mid-day trading on Friday, reaching $45.08. The company’s stock had a trading volume of 8,535 shares, compared to its average volume of 219,279. The stock has a market cap of $1.53 billion, a PE ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a fifty-two week low of $35.26 and a fifty-two week high of $45.70. The company’s 50 day moving average is $43.06 and its two-hundred day moving average is $43.27.

Institutional Investors Weigh In On Pacer Developed Markets International Cash Cows 100 ETF

A number of large investors have recently made changes to their positions in ICOW. Longview Financial Advisors Inc. lifted its position in Pacer Developed Markets International Cash Cows 100 ETF by 2.1% during the second quarter. Longview Financial Advisors Inc. now owns 329,969 shares of the company’s stock worth $13,737,000 after buying an additional 6,864 shares in the last quarter. Cozad Asset Management Inc. grew its holdings in Pacer Developed Markets International Cash Cows 100 ETF by 0.6% in the 1st quarter. Cozad Asset Management Inc. now owns 64,989 shares of the company’s stock valued at $2,758,000 after buying an additional 415 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter worth $333,000. Barometer Capital Management Inc. acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter worth $598,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter worth $9,840,000.

About Pacer Developed Markets International Cash Cows 100 ETF

(Get Free Report)

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.

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