World Equity Group Inc. Grows Stock Holdings in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

World Equity Group Inc. raised its position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 167.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,304 shares of the company’s stock after buying an additional 16,485 shares during the quarter. World Equity Group Inc.’s holdings in Pacer Cash Cows Fund of Funds ETF were worth $997,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. lifted its position 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 valued at $152,000 after buying an additional 730 shares during the last quarter. MML Investors Services LLC purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF during the third quarter valued at about $217,000. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 35.8% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 9,157 shares of the company’s stock valued at $367,000 after buying an additional 2,416 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 2.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,700 shares of the company’s stock valued at $519,000 after buying an additional 318 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 12.1% during the third quarter. D.A. Davidson & CO. now owns 21,405 shares of the company’s stock valued at $857,000 after buying an additional 2,315 shares during the last quarter.

Pacer Cash Cows Fund of Funds ETF Stock Down 1.5 %

Shares of Pacer Cash Cows Fund of Funds ETF stock opened at $38.69 on Friday. The firm has a market capitalization of $92.86 million, a P/E ratio of 7.15 and a beta of 1.00. The company has a 50 day moving average price of $38.69 and a 200 day moving average price of $39.05. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $36.29 and a 52 week high of $40.74.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a $0.1612 dividend. The ex-dividend date of this dividend was Monday, December 30th.

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.