Pacer US Small Cap Cash Cows ETF (BATS:CALF) Sets New 12-Month High – Here’s Why

Shares of Pacer US Small Cap Cash Cows ETF (BATS:CALF) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $49.57 and last traded at $49.04, with a volume of 538264 shares traded. The stock had previously closed at $48.93.

Pacer US Small Cap Cash Cows ETF Stock Up 0.2%

The company has a market cap of $5.23 billion, a PE ratio of 11.41 and a beta of 1.09. The stock has a 50-day moving average of $46.60 and a 200-day moving average of $45.67.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. WNY Asset Management LLC purchased a new stake in shares of Pacer US Small Cap Cash Cows ETF in the first quarter worth $1,730,000. Cassady Wealth & Retirement Planning LLC lifted its stake in Pacer US Small Cap Cash Cows ETF by 25.2% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 59,964 shares of the company’s stock worth $2,878,000 after purchasing an additional 12,083 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in Pacer US Small Cap Cash Cows ETF during the first quarter worth about $333,000. Gateway Wealth Partners LLC lifted its stake in Pacer US Small Cap Cash Cows ETF by 64.6% during the first quarter. Gateway Wealth Partners LLC now owns 8,934 shares of the company’s stock worth $401,000 after purchasing an additional 3,506 shares during the last quarter. Finally, CMC Financial Group lifted its stake in Pacer US Small Cap Cash Cows ETF by 11.6% during the first quarter. CMC Financial Group now owns 22,882 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,374 shares during the last quarter.

About Pacer US Small Cap Cash Cows ETF

The Pacer US Small Cap Cash Cows 100 ETF (CALF) is an exchange-traded fund that is based on the Pacer U.S. Small Cap Cash Cows index. The fund tracks an index of 100 companies out of the S&P Small Cap 600 Index selected and weighted by free cash flow. CALF was launched on Jun 16, 2017 and is managed by Pacer.