Pacer US Small Cap Cash Cows ETF (BATS:CALF) Reaches New 12-Month High – Still a Buy?

Pacer US Small Cap Cash Cows ETF (BATS:CALF)’s stock price reached a new 52-week high on Thursday . The company traded as high as $49.57 and last traded at $49.04, with a volume of 538264 shares trading hands. The stock had previously closed at $48.93.

Pacer US Small Cap Cash Cows ETF Trading Up 1.0%

The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 11.41 and a beta of 1.09. The stock has a 50-day moving average of $46.80 and a two-hundred day moving average of $45.75.

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

A number of hedge funds and other institutional investors have recently modified their holdings of CALF. Compass Financial Services Inc acquired a new position in shares of Pacer US Small Cap Cash Cows ETF in the 3rd quarter valued at $32,000. CIBC Private Wealth Group LLC boosted its position in shares of Pacer US Small Cap Cash Cows ETF by 1,158.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 753 shares during the period. WFA of San Diego LLC acquired a new position in shares of Pacer US Small Cap Cash Cows ETF in the 2nd quarter valued at $38,000. Fifth Third Bancorp acquired a new position in shares of Pacer US Small Cap Cash Cows ETF in the 3rd quarter valued at $41,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Pacer US Small Cap Cash Cows ETF in the 4th quarter valued at $41,000.

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.