Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $38.69 and traded as high as $40.40. Pacer Cash Cows Fund of Funds ETF shares last traded at $40.14, with a volume of 12,315 shares.

Pacer Cash Cows Fund of Funds ETF Price Performance

The business has a 50 day moving average price of $39.53 and a 200 day moving average price of $38.69. The stock has a market capitalization of $92.32 million, a PE ratio of 7.15 and a beta of 1.00.

Pacer Cash Cows Fund of Funds ETF Announces Dividend

The company also recently disclosed 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. This represents a $0.63 annualized dividend and a yield of 1.58%. The ex-dividend date was Friday, September 27th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HERD. MML Investors Services LLC purchased a new stake in shares of Pacer Cash Cows Fund of Funds ETF during the third quarter valued at approximately $217,000. Rockefeller Capital Management L.P. boosted its stake 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 purchasing an additional 12,589 shares during the last quarter. Centric Wealth Management increased its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 22.1% in the 3rd quarter. Centric Wealth Management now owns 57,734 shares of the company’s stock worth $2,308,000 after purchasing an additional 10,464 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Pacer Cash Cows Fund of Funds ETF by 12.1% in the third quarter. D.A. Davidson & CO. now owns 21,405 shares of the company’s stock worth $857,000 after purchasing an additional 2,315 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new position in shares of Pacer Cash Cows Fund of Funds ETF during the third quarter valued at $1,459,000.

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.