Financial Advocates Investment Management Decreases Stock Holdings in Pacer US Small Cap Cash Cows ETF $CALF

Financial Advocates Investment Management cut its stake in Pacer US Small Cap Cash Cows ETF (BATS:CALF) by 5.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,557 shares of the company’s stock after selling 2,745 shares during the period. Financial Advocates Investment Management’s holdings in Pacer US Small Cap Cash Cows ETF were worth $1,814,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CALF. HHM Wealth Advisors LLC grew its holdings in shares of Pacer US Small Cap Cash Cows ETF by 5.5% in the 2nd quarter. HHM Wealth Advisors LLC now owns 819,326 shares of the company’s stock worth $32,621,000 after acquiring an additional 42,722 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Pacer US Small Cap Cash Cows ETF by 9.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 487,551 shares of the company’s stock worth $19,412,000 after buying an additional 40,352 shares during the last quarter. Modern Wealth Management LLC grew its stake in Pacer US Small Cap Cash Cows ETF by 16.0% in the 1st quarter. Modern Wealth Management LLC now owns 454,645 shares of the company’s stock valued at $17,049,000 after acquiring an additional 62,830 shares during the last quarter. Compass Advisory Group LLC increased its holdings in Pacer US Small Cap Cash Cows ETF by 11.4% during the 2nd quarter. Compass Advisory Group LLC now owns 397,740 shares of the company’s stock valued at $15,836,000 after acquiring an additional 40,583 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in Pacer US Small Cap Cash Cows ETF by 51.3% during the second quarter. D.A. Davidson & CO. now owns 345,389 shares of the company’s stock worth $13,752,000 after acquiring an additional 117,105 shares during the last quarter.

Pacer US Small Cap Cash Cows ETF Price Performance

Shares of BATS CALF opened at $44.15 on Wednesday. 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 market capitalization of $4.71 billion, a PE ratio of 11.41 and a beta of 1.09. The firm’s 50-day moving average is $43.44 and its two-hundred day moving average is $41.75.

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.