Advisory Resource Group Decreases Stake in Pacer Cash Cows Fund of Funds ETF $HERD

Advisory Resource Group cut its position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) by 43.3% during the fourth quarter, HoldingsChannel reports. The firm owned 142,989 shares of the company’s stock after selling 109,197 shares during the quarter. Pacer Cash Cows Fund of Funds ETF accounts for 1.1% of Advisory Resource Group’s holdings, making the stock its 29th biggest position. Advisory Resource Group owned about 0.08% of Pacer Cash Cows Fund of Funds ETF worth $6,214,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. D.A. Davidson & CO. increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 38.9% in the 4th quarter. D.A. Davidson & CO. now owns 55,168 shares of the company’s stock valued at $2,398,000 after purchasing an additional 15,446 shares during the last quarter. Clear Creek Financial Management LLC increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 3.3% in the 4th quarter. Clear Creek Financial Management LLC now owns 73,490 shares of the company’s stock valued at $3,194,000 after purchasing an additional 2,347 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 25.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,091 shares of the company’s stock valued at $131,000 after purchasing an additional 620 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 4.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 228,052 shares of the company’s stock valued at $9,660,000 after purchasing an additional 9,936 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its position in shares of Pacer Cash Cows Fund of Funds ETF by 705.5% in the 3rd quarter. Ameritas Advisory Services LLC now owns 2,940 shares of the company’s stock valued at $125,000 after purchasing an additional 2,575 shares during the last quarter.

Pacer Cash Cows Fund of Funds ETF Trading Up 1.6%

Shares of NASDAQ:HERD opened at $48.14 on Friday. Pacer Cash Cows Fund of Funds ETF has a 52 week low of $38.78 and a 52 week high of $49.16. The company’s 50 day moving average is $47.40 and its two-hundred day moving average is $46.00. The company has a market cap of $96.28 million, a PE 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.