Jane Street Group LLC Makes New $242,000 Investment in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD)

Jane Street Group LLC purchased a new position in Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,381 shares of the company’s stock, valued at approximately $242,000. Jane Street Group LLC owned 0.27% of Pacer Cash Cows Fund of Funds ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Kestra Private Wealth Services LLC boosted its position in shares of Pacer Cash Cows Fund of Funds ETF by 2.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 13,700 shares of the company’s stock valued at $519,000 after acquiring an additional 318 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in Pacer Cash Cows Fund of Funds ETF by 21.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,828 shares of the company’s stock valued at $69,000 after buying an additional 325 shares during the period. Avantax Advisory Services Inc. raised its holdings in Pacer Cash Cows Fund of Funds ETF by 8.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 21,843 shares of the company’s stock valued at $828,000 after buying an additional 1,710 shares during the period. LPL Financial LLC raised its holdings in Pacer Cash Cows Fund of Funds ETF by 1.0% during the 4th quarter. LPL Financial LLC now owns 202,712 shares of the company’s stock valued at $7,685,000 after buying an additional 1,939 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its holdings in Pacer Cash Cows Fund of Funds ETF by 11.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 28,242 shares of the company’s stock valued at $1,071,000 after buying an additional 2,819 shares during the period.

Pacer Cash Cows Fund of Funds ETF Stock Performance

NASDAQ:HERD opened at $39.06 on Thursday. The stock’s fifty day moving average is $37.01 and its 200 day moving average is $38.19. Pacer Cash Cows Fund of Funds ETF has a fifty-two week low of $32.28 and a fifty-two week high of $40.74. The firm has a market capitalization of $87.89 million, a PE ratio of 13.06 and a beta of 1.00.

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.