7,237 Shares in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Acquired by Sepio Capital LP

Sepio Capital LP acquired a new stake in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) during the fourth quarter, Holdings Channel.com reports. The firm acquired 7,237 shares of the company’s stock, valued at approximately $264,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HERD. Centric Wealth Management increased its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 209.0% in the 4th quarter. Centric Wealth Management now owns 33,189 shares of the company’s stock valued at $1,214,000 after acquiring an additional 22,448 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in Pacer Cash Cows Fund of Funds ETF by 13.5% in the third quarter. Avantax Advisory Services Inc. now owns 8,074 shares of the company’s stock valued at $279,000 after purchasing an additional 962 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in Pacer Cash Cows Fund of Funds ETF by 14.9% during the fourth quarter. Stratos Wealth Partners LTD. now owns 19,749 shares of the company’s stock worth $745,000 after purchasing an additional 2,566 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF during the 4th quarter worth approximately $525,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 74.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 152,339 shares of the company’s stock valued at $5,268,000 after buying an additional 65,053 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 0.9 %

NASDAQ:HERD traded up $0.36 during midday trading on Friday, hitting $38.63. 2,560 shares of the company were exchanged, compared to its average volume of 12,219. Pacer Cash Cows Fund of Funds ETF has a fifty-two week low of $31.57 and a fifty-two week high of $39.56. The company has a market capitalization of $96.57 million, a PE ratio of 7.15 and a beta of 1.00. The company has a fifty day simple moving average of $38.48 and a 200 day simple moving average of $37.14.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Monday, March 25th were given a $0.1384 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $0.55 dividend on an annualized basis and a dividend yield of 1.43%.

Pacer Cash Cows Fund of Funds ETF Profile

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.