IFP Advisors Inc Sells 44,400 Shares of Pacer US Small Cap Cash Cows ETF $CALF

IFP Advisors Inc decreased its holdings in Pacer US Small Cap Cash Cows ETF (BATS:CALF) by 56.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,673 shares of the company’s stock after selling 44,400 shares during the quarter. IFP Advisors Inc’s holdings in Pacer US Small Cap Cash Cows ETF were worth $1,518,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Carter Financial Group INC. purchased a new stake in shares of Pacer US Small Cap Cash Cows ETF during the 2nd quarter worth $3,867,000. Verus Capital Partners LLC grew its stake in Pacer US Small Cap Cash Cows ETF by 47.3% in the third quarter. Verus Capital Partners LLC now owns 50,774 shares of the company’s stock valued at $2,223,000 after purchasing an additional 16,313 shares during the last quarter. Modern Wealth Management LLC raised its holdings in Pacer US Small Cap Cash Cows ETF by 3.5% in the second quarter. Modern Wealth Management LLC now owns 470,649 shares of the company’s stock worth $18,739,000 after purchasing an additional 16,004 shares in the last quarter. D.A. Davidson & CO. raised its holdings in Pacer US Small Cap Cash Cows ETF by 54.1% in the third quarter. D.A. Davidson & CO. now owns 532,314 shares of the company’s stock worth $23,305,000 after purchasing an additional 186,925 shares in the last quarter. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Pacer US Small Cap Cash Cows ETF during the second quarter valued at about $505,000.

Pacer US Small Cap Cash Cows ETF Stock Performance

BATS:CALF opened at $44.18 on Friday. The company’s 50-day simple moving average is $45.67 and its 200-day simple moving average is $44.61. Pacer US Small Cap Cash Cows ETF has a fifty-two week low of $31.50 and a fifty-two week high of $47.31. The stock has a market capitalization of $4.71 billion, a P/E ratio of 11.41 and a beta of 1.09.

Pacer US Small Cap Cash Cows ETF Company 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.