Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Short Interest Down 83.3% in February

Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 300 shares, a drop of 83.3% from the February 13th total of 1,800 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Pacer Cash Cows Fund of Funds ETF

A number of institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its holdings in Pacer Cash Cows Fund of Funds ETF by 21.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,828 shares of the company’s stock worth $69,000 after purchasing an additional 325 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 22.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 4,005 shares of the company’s stock worth $152,000 after buying an additional 730 shares in the last quarter. MML Investors Services LLC bought a new stake in shares of Pacer Cash Cows Fund of Funds ETF in the third quarter valued at about $217,000. Jane Street Group LLC acquired a new position in shares of Pacer Cash Cows Fund of Funds ETF in the fourth quarter valued at about $242,000. Finally, Obermeyer Wealth Partners bought a new position in Pacer Cash Cows Fund of Funds ETF during the fourth quarter worth about $299,000.

Pacer Cash Cows Fund of Funds ETF Trading Down 0.5 %

Shares of NASDAQ:HERD traded down $0.18 on Wednesday, hitting $37.41. The company had a trading volume of 8,803 shares, compared to its average volume of 14,665. The stock has a 50 day moving average price of $38.66 and a 200 day moving average price of $39.08. The stock has a market cap of $89.78 million, a price-to-earnings ratio of 12.86 and a beta of 1.00. Pacer Cash Cows Fund of Funds ETF has a 1-year low of $36.29 and a 1-year high of $40.74.

Pacer Cash Cows Fund of Funds ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, March 7th will be issued a $0.108 dividend. The ex-dividend date of this dividend is Friday, March 7th.

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.