NewEdge Advisors LLC Reduces Position in Pacer US Small Cap Cash Cows ETF (BATS:CALF)

NewEdge Advisors LLC lowered its stake in Pacer US Small Cap Cash Cows ETF (BATS:CALF) by 10.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 784,363 shares of the company’s stock after selling 89,397 shares during the period. NewEdge Advisors LLC’s holdings in Pacer US Small Cap Cash Cows ETF were worth $34,520,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in Pacer US Small Cap Cash Cows ETF in the 4th quarter worth $257,378,000. BlueStem Wealth Partners LLC acquired a new stake in shares of Pacer US Small Cap Cash Cows ETF during the fourth quarter worth about $17,229,000. Compass Advisory Group LLC boosted its position in Pacer US Small Cap Cash Cows ETF by 1,114.5% in the fourth quarter. Compass Advisory Group LLC now owns 363,085 shares of the company’s stock valued at $16,031,000 after buying an additional 333,190 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in Pacer US Small Cap Cash Cows ETF by 26.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,008,433 shares of the company’s stock worth $44,381,000 after buying an additional 210,096 shares during the period. Finally, Jones Financial Companies Lllp raised its position in Pacer US Small Cap Cash Cows ETF by 44.2% during the 4th quarter. Jones Financial Companies Lllp now owns 676,023 shares of the company’s stock worth $29,752,000 after buying an additional 207,154 shares during the last quarter.

Pacer US Small Cap Cash Cows ETF Trading Down 23.0 %

Shares of BATS CALF opened at $34.17 on Wednesday. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 11.43 and a beta of 1.13. Pacer US Small Cap Cash Cows ETF has a 12 month low of $31.50 and a 12 month high of $49.59. The company has a 50 day simple moving average of $38.20 and a two-hundred day simple moving average of $43.16.

Pacer US Small Cap Cash Cows ETF Profile

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.