Rockefeller Capital Management L.P. Purchases 208,937 Shares of Pacer Cash Cows Fund of Funds ETF $HERD

Rockefeller Capital Management L.P. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 288.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 281,443 shares of the company’s stock after purchasing an additional 208,937 shares during the quarter. Rockefeller Capital Management L.P. owned 0.15% of Pacer Cash Cows Fund of Funds ETF worth $12,231,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HERD. Jane Street Group LLC raised its position in Pacer Cash Cows Fund of Funds ETF by 381.1% in the 1st quarter. Jane Street Group LLC now owns 30,700 shares of the company’s stock valued at $1,150,000 after buying an additional 24,319 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Pacer Cash Cows Fund of Funds ETF by 23.4% in the 2nd 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. Ausdal Financial Partners Inc. bought a new stake in Pacer Cash Cows Fund of Funds ETF in the 3rd quarter valued at approximately $221,000. Citadel Advisors LLC boosted its position in Pacer Cash Cows Fund of Funds ETF by 17.9% during the 3rd quarter. Citadel Advisors LLC now owns 14,724 shares of the company’s stock worth $624,000 after acquiring an additional 2,234 shares during the last quarter. Finally, Mariner LLC boosted its position in Pacer Cash Cows Fund of Funds ETF by 19.3% during the 3rd quarter. Mariner LLC now owns 8,651 shares of the company’s stock worth $366,000 after acquiring an additional 1,400 shares during the last quarter.

Pacer Cash Cows Fund of Funds ETF Stock Up 0.5%

Shares of HERD opened at $46.87 on Thursday. The stock has a market capitalization of $93.74 million, a P/E ratio of 13.06 and a beta of 0.78. Pacer Cash Cows Fund of Funds ETF has a twelve month low of $39.12 and a twelve month high of $49.16. The company has a 50 day moving average of $47.60 and a 200-day moving average of $46.23.

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.