Pacer US Small Cap Cash Cows ETF (BATS:CALF) Sets New 52-Week High – What’s Next?

Pacer US Small Cap Cash Cows ETF (BATS:CALF)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $47.42 and last traded at $47.33, with a volume of 155239 shares. The stock had previously closed at $46.82.

Pacer US Small Cap Cash Cows ETF Price Performance

The business has a 50 day simple moving average of $45.57 and a 200 day simple moving average of $44.83. The company has a market cap of $5.07 billion, a price-to-earnings ratio of 11.41 and a beta of 1.09.

Hedge Funds Weigh In On Pacer US Small Cap Cash Cows ETF

Hedge funds have recently added to or reduced their stakes in the stock. Verus Capital Partners LLC increased its stake in Pacer US Small Cap Cash Cows ETF by 47.3% during the 3rd quarter. Verus Capital Partners LLC now owns 50,774 shares of the company’s stock worth $2,223,000 after acquiring an additional 16,313 shares during the period. D.A. Davidson & CO. increased its stake in Pacer US Small Cap Cash Cows ETF by 54.1% during the 3rd quarter. D.A. Davidson & CO. now owns 532,314 shares of the company’s stock worth $23,305,000 after acquiring an additional 186,925 shares during the period. Cornerstone Wealth Management LLC increased its stake in Pacer US Small Cap Cash Cows ETF by 7.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 395,133 shares of the company’s stock worth $17,299,000 after acquiring an additional 28,113 shares during the period. Level Four Advisory Services LLC increased its stake in Pacer US Small Cap Cash Cows ETF by 274.2% during the 3rd quarter. Level Four Advisory Services LLC now owns 18,800 shares of the company’s stock worth $823,000 after acquiring an additional 13,776 shares during the period. Finally, HUB Investment Partners LLC bought a new position in shares of Pacer US Small Cap Cash Cows ETF in the 3rd quarter valued at $3,805,000.

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.