Ellis Investment Partners LLC Raises Position in Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF)

Ellis Investment Partners LLC raised its stake in shares of Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) by 96.9% during the third quarter, HoldingsChannel reports. The firm owned 58,872 shares of the company’s stock after buying an additional 28,968 shares during the quarter. Ellis Investment Partners LLC’s holdings in Pacer US Small Cap Cash Cows 100 ETF were worth $2,739,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Claro Advisors LLC raised its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF by 172.5% in the second quarter. Claro Advisors LLC now owns 37,783 shares of the company’s stock worth $1,646,000 after buying an additional 23,916 shares during the period. Blair William & Co. IL raised its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF by 26.7% in the first quarter. Blair William & Co. IL now owns 46,904 shares of the company’s stock worth $2,306,000 after buying an additional 9,894 shares during the period. Park Avenue Securities LLC raised its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF by 15.5% in the third quarter. Park Avenue Securities LLC now owns 8,445 shares of the company’s stock worth $393,000 after buying an additional 1,134 shares during the period. Provident Wealth Management LLC raised its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF by 11.5% in the third quarter. Provident Wealth Management LLC now owns 121,857 shares of the company’s stock worth $5,669,000 after buying an additional 12,584 shares during the period. Finally, AdvisorNet Financial Inc increased its holdings in Pacer US Small Cap Cash Cows 100 ETF by 13.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 11,825 shares of the company’s stock worth $515,000 after purchasing an additional 1,440 shares during the period.

Pacer US Small Cap Cash Cows 100 ETF Stock Performance

CALF traded down $0.08 during trading on Friday, hitting $44.97. 1,189,469 shares of the stock were exchanged. The stock has a 50-day moving average price of $45.67 and a 200 day moving average price of $45.50. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of 6.69 and a beta of 1.12.

Pacer US Small Cap Cash Cows 100 ETF 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.