Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD – Get Free Report)’s stock price dropped 0.1% during mid-day trading on Friday . The company traded as low as $52.51 and last traded at $52.56. 8,690 shares traded hands during trading, an increase of 31% from the average session volume of 6,621 shares. The stock had previously closed at $52.59.
Pacer Cash Cows Fund of Funds ETF Stock Performance
The business has a 50 day moving average price of $49.64 and a two-hundred day moving average price of $47.86. The company has a market cap of $105.12 million, a P/E ratio of 13.06 and a beta of 0.78.
Institutional Trading of Pacer Cash Cows Fund of Funds ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. increased its stake in shares of Pacer Cash Cows Fund of Funds ETF by 288.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 281,443 shares of the company’s stock worth $12,231,000 after buying an additional 208,937 shares during the period. LPL Financial LLC boosted its position in Pacer Cash Cows Fund of Funds ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 224,658 shares of the company’s stock valued at $9,763,000 after buying an additional 4,880 shares during the period. Osaic Holdings Inc. boosted its position in Pacer Cash Cows Fund of Funds ETF by 30.8% during the 4th quarter. Osaic Holdings Inc. now owns 70,513 shares of the company’s stock valued at $3,065,000 after buying an additional 16,595 shares during the period. Centric Wealth Management grew its holdings in Pacer Cash Cows Fund of Funds ETF by 5.9% in the 4th quarter. Centric Wealth Management now owns 64,390 shares of the company’s stock worth $2,925,000 after acquiring an additional 3,613 shares during the last quarter. Finally, D.A. Davidson & CO. grew its holdings in Pacer Cash Cows Fund of Funds ETF by 12.0% in the 1st quarter. D.A. Davidson & CO. now owns 61,780 shares of the company’s stock worth $2,826,000 after acquiring an additional 6,612 shares during the last quarter.
About Pacer Cash Cows Fund of Funds ETF
The Pacer Cash Cows Fund of Funds ETF (HERD) is an exchange-traded fund that is based on the Pacer Cash Cows Fund of Funds index. The fund tracks an index of five equally-weighted funds focused on companies in developed markets with high free cash flow yields. HERD was launched on May 3, 2019 and is managed by Pacer.
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