Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Short Interest Down 33.2% in November

Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 15,500 shares, a decrease of 33.2% from the November 15th total of 23,200 shares. Based on an average trading volume of 15,700 shares, the short-interest ratio is presently 1.0 days.

Pacer Cash Cows Fund of Funds ETF Price Performance

HERD stock opened at $39.62 on Friday. Pacer Cash Cows Fund of Funds ETF has a 1-year low of $35.45 and a 1-year high of $40.74. The business has a 50 day simple moving average of $39.67 and a two-hundred day simple moving average of $38.82. The company has a market capitalization of $91.13 million, a price-to-earnings ratio of 7.15 and a beta of 1.00.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Friday, September 27th were given a dividend of $0.1581 per share. The ex-dividend date was Friday, September 27th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.60%.

Hedge Funds Weigh In On Pacer Cash Cows Fund of Funds ETF

Several institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 552,783.7% during the 3rd quarter. International Assets Investment Management LLC now owns 3,870,186 shares of the company’s stock valued at $154,962,000 after purchasing an additional 3,869,486 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 17.6% in the second quarter. Envestnet Asset Management Inc. now owns 187,962 shares of the company’s stock worth $6,986,000 after buying an additional 28,120 shares in the last quarter. Cetera Investment Advisers boosted its stake in Pacer Cash Cows Fund of Funds ETF by 9.8% during the second quarter. Cetera Investment Advisers now owns 158,065 shares of the company’s stock valued at $5,875,000 after buying an additional 14,113 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Pacer Cash Cows Fund of Funds ETF by 4.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 97,100 shares of the company’s stock valued at $3,609,000 after buying an additional 3,707 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Pacer Cash Cows Fund of Funds ETF by 20.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 72,901 shares of the company’s stock valued at $2,919,000 after buying an additional 12,589 shares in the last quarter.

Pacer Cash Cows Fund of Funds ETF Company 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.