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

Pacer US Small Cap Cash Cows ETF (BATS:CALF)’s share price hit a new 52-week high on Friday . The stock traded as high as $48.78 and last traded at $48.70, with a volume of 143916 shares traded. The stock had previously closed at $47.85.

Pacer US Small Cap Cash Cows ETF Stock Up 1.9%

The company has a market capitalization of $5.20 billion, a PE ratio of 11.41 and a beta of 1.09. The firm has a 50-day moving average of $46.32 and a two-hundred day moving average of $45.53.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Compass Financial Services Inc purchased a new position in Pacer US Small Cap Cash Cows ETF in the third quarter worth approximately $32,000. CIBC Private Wealth Group LLC grew its position in Pacer US Small Cap Cash Cows ETF by 1,158.5% in the third quarter. CIBC Private Wealth Group LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 753 shares during the period. WFA of San Diego LLC purchased a new position in Pacer US Small Cap Cash Cows ETF in the second quarter worth approximately $38,000. Fifth Third Bancorp purchased a new position in Pacer US Small Cap Cash Cows ETF in the third quarter worth approximately $41,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Pacer US Small Cap Cash Cows ETF in the fourth quarter worth approximately $41,000.

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.