MML Investors Services LLC Buys Shares of 5,423 Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

MML Investors Services LLC purchased a new position in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,423 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in Pacer Cash Cows Fund of Funds ETF during the second quarter valued at $26,000. D.A. Davidson & CO. lifted its position in shares of Pacer Cash Cows Fund of Funds ETF by 12.1% during the 3rd 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. Patriot Financial Group Insurance Agency LLC grew its stake in shares of Pacer Cash Cows Fund of Funds ETF by 35.8% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 9,157 shares of the company’s stock worth $367,000 after acquiring an additional 2,416 shares during the period. Cozad Asset Management Inc. increased its holdings in Pacer Cash Cows Fund of Funds ETF by 54.4% in the 2nd quarter. Cozad Asset Management Inc. now owns 8,057 shares of the company’s stock worth $299,000 after acquiring an additional 2,838 shares during the last quarter. Finally, World Equity Group Inc. raised its stake in Pacer Cash Cows Fund of Funds ETF by 51.9% in the 3rd quarter. World Equity Group Inc. now owns 9,819 shares of the company’s stock valued at $393,000 after acquiring an additional 3,357 shares during the period.

Pacer Cash Cows Fund of Funds ETF Stock Up 0.4 %

Shares of NASDAQ:HERD opened at $38.42 on Friday. The firm has a market capitalization of $88.37 million, a PE ratio of 7.15 and a beta of 1.00. The company has a 50-day moving average price of $39.46 and a two-hundred day moving average price of $38.81. Pacer Cash Cows Fund of Funds ETF has a twelve month low of $35.45 and a twelve month high of $40.74.

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.