Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD – Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 24,900 shares, a growth of 522.5% from the March 31st total of 4,000 shares. Based on an average trading volume of 11,700 shares, the days-to-cover ratio is presently 2.1 days.
Hedge Funds Weigh In On Pacer Cash Cows Fund of Funds ETF
A number of institutional investors have recently modified their holdings of HERD. Principal Securities Inc. bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth $38,000. EverSource Wealth Advisors LLC bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth $55,000. Advisory Services Network LLC bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth $235,000. Belpointe Asset Management LLC bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth $238,000. Finally, Sepio Capital LP bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth $264,000.
Pacer Cash Cows Fund of Funds ETF Trading Up 0.7 %
NASDAQ HERD traded up $0.28 during trading on Friday, reaching $38.17. The company’s stock had a trading volume of 16,544 shares, compared to its average volume of 12,131. The stock has a market capitalization of $95.43 million, a PE ratio of 6.98 and a beta of 1.00. The business has a 50-day moving average price of $38.15 and a 200-day moving average price of $36.47. Pacer Cash Cows Fund of Funds ETF has a 1-year low of $31.57 and a 1-year high of $39.56.
Pacer Cash Cows Fund of Funds ETF Dividend Announcement
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.
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