Modern Wealth Management LLC Sells 249,221 Shares of Pacer US Small Cap Cash Cows ETF $CALF

Modern Wealth Management LLC lessened its holdings in Pacer US Small Cap Cash Cows ETF (BATS:CALFFree Report) by 90.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 27,771 shares of the company’s stock after selling 249,221 shares during the quarter. Modern Wealth Management LLC’s holdings in Pacer US Small Cap Cash Cows ETF were worth $1,248,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in CALF. CMC Financial Group increased its stake in Pacer US Small Cap Cash Cows ETF by 11.6% in the 1st quarter. CMC Financial Group now owns 22,882 shares of the company’s stock worth $1,027,000 after acquiring an additional 2,374 shares during the last quarter. Pacific Wealth Strategies Group Inc. bought a new stake in shares of Pacer US Small Cap Cash Cows ETF during the 1st quarter valued at about $935,000. Simon Quick Advisors LLC bought a new stake in shares of Pacer US Small Cap Cash Cows ETF during the 1st quarter valued at about $375,000. Oder Investment Management LLC grew its holdings in shares of Pacer US Small Cap Cash Cows ETF by 7.1% during the first quarter. Oder Investment Management LLC now owns 10,156 shares of the company’s stock worth $456,000 after purchasing an additional 672 shares in the last quarter. Finally, Valmark Advisers Inc. grew its holdings in shares of Pacer US Small Cap Cash Cows ETF by 21.5% during the first quarter. Valmark Advisers Inc. now owns 26,992 shares of the company’s stock worth $1,211,000 after purchasing an additional 4,775 shares in the last quarter.

Pacer US Small Cap Cash Cows ETF Trading Up 2.0%

CALF stock opened at $52.65 on Friday. The company’s 50 day moving average is $50.42 and its 200 day moving average is $47.54. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 11.41 and a beta of 1.09. Pacer US Small Cap Cash Cows ETF has a 1-year low of $38.95 and a 1-year high of $53.54.

About Pacer US Small Cap Cash Cows ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CALF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Small Cap Cash Cows ETF (BATS:CALFFree Report).

Institutional Ownership by Quarter for Pacer US Small Cap Cash Cows ETF (BATS:CALF)

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