Rockefeller Capital Management L.P. Has $12.23 Million Position in Pacer Cash Cows Fund of Funds ETF $HERD

Rockefeller Capital Management L.P. increased its holdings in shares of Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 288.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281,443 shares of the company’s stock after purchasing an additional 208,937 shares during the period. Rockefeller Capital Management L.P. owned approximately 14.81% of Pacer Cash Cows Fund of Funds ETF worth $12,231,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of HERD. LPL Financial LLC increased its stake in Pacer Cash Cows Fund of Funds ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 224,658 shares of the company’s stock worth $9,763,000 after purchasing an additional 4,880 shares in the last quarter. Clear Creek Financial Management LLC lifted its stake in Pacer Cash Cows Fund of Funds ETF by 3.3% in the fourth quarter. Clear Creek Financial Management LLC now owns 73,490 shares of the company’s stock valued at $3,194,000 after buying an additional 2,347 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Pacer Cash Cows Fund of Funds ETF by 30.8% in the fourth quarter. Osaic Holdings Inc. now owns 70,513 shares of the company’s stock valued at $3,065,000 after buying an additional 16,595 shares in the last quarter. Centric Wealth Management boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 5.9% in the fourth quarter. Centric Wealth Management now owns 64,390 shares of the company’s stock valued at $2,925,000 after buying an additional 3,613 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 38.9% in the fourth quarter. D.A. Davidson & CO. now owns 55,168 shares of the company’s stock valued at $2,398,000 after buying an additional 15,446 shares during the period.

Pacer Cash Cows Fund of Funds ETF Stock Up 0.5%

Shares of HERD stock opened at $46.87 on Thursday. Pacer Cash Cows Fund of Funds ETF has a 12-month low of $39.12 and a 12-month high of $49.16. The firm has a fifty day moving average of $47.60 and a 200-day moving average of $46.23. The company has a market capitalization of $93.74 million, a price-to-earnings ratio of 13.06 and a beta of 0.78.

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.