Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Trading 1.4% Higher – Here’s Why

Shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) were up 1.4% on Friday . The stock traded as high as $28.12 and last traded at $28.10. Approximately 7,417 shares changed hands during trading, an increase of 16% from the average daily volume of 6,387 shares. The stock had previously closed at $27.72.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

The business’s 50-day moving average is $26.68 and its 200 day moving average is $25.93. The firm has a market capitalization of $19.67 million, a P/E ratio of 19.44 and a beta of 1.12.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors lifted its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,061 shares of the company’s stock after buying an additional 409 shares during the period. Captrust Financial Advisors owned approximately 2.27% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $417,000 as of its most recent filing with the Securities and Exchange Commission.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.