Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Trading Down 0.1% – Time to Sell?

Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) traded down 0.1% during trading on Thursday . The company traded as low as $42.74 and last traded at $42.8390. 3,095 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 8,542 shares. The stock had previously closed at $42.90.

Pacer Cash Cows Fund of Funds ETF Stock Performance

The stock’s 50-day moving average is $42.42 and its 200 day moving average is $40.35. The stock has a market capitalization of $87.82 million, a PE ratio of 13.06 and a beta of 0.89.

Pacer Cash Cows Fund of Funds ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, September 11th. Shareholders of record on Friday, September 5th were paid a $0.1873 dividend. The ex-dividend date was Friday, September 5th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 13.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,585 shares of the company’s stock valued at $407,000 after acquiring an additional 1,159 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 10.7% in the third quarter. Geneos Wealth Management Inc. now owns 4,938 shares of the company’s stock valued at $209,000 after acquiring an additional 477 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 36.4% in the third quarter. D.A. Davidson & CO. now owns 39,722 shares of the company’s stock valued at $1,683,000 after acquiring an additional 10,592 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 23.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,471 shares of the company’s stock valued at $98,000 after acquiring an additional 469 shares in the last quarter. Finally, Convergence Financial LLC purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF in the second quarter valued at about $282,000.

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.