First Horizon Advisors Inc. Makes New Investment in Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF)

First Horizon Advisors Inc. bought a new position in shares of Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) during the third quarter, HoldingsChannel reports. The institutional investor bought 2,878 shares of the company’s stock, valued at approximately $134,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC raised its position in Pacer US Small Cap Cash Cows 100 ETF by 12.8% during the 2nd quarter. LPL Financial LLC now owns 6,760,400 shares of the company’s stock valued at $294,483,000 after purchasing an additional 765,084 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF by 7.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,449,254 shares of the company’s stock valued at $237,371,000 after acquiring an additional 394,881 shares in the last quarter. Raymond James & Associates lifted its stake in Pacer US Small Cap Cash Cows 100 ETF by 6.5% in the third quarter. Raymond James & Associates now owns 2,872,316 shares of the company’s stock worth $133,620,000 after acquiring an additional 174,895 shares during the period. Millennium Management LLC bought a new position in Pacer US Small Cap Cash Cows 100 ETF during the 2nd quarter worth about $107,673,000. Finally, Envestnet Asset Management Inc. increased its position in Pacer US Small Cap Cash Cows 100 ETF by 27.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,123,004 shares of the company’s stock valued at $92,478,000 after purchasing an additional 451,548 shares during the period.

Pacer US Small Cap Cash Cows 100 ETF Stock Performance

BATS:CALF opened at $47.79 on Friday. The firm has a 50 day simple moving average of $46.28 and a 200-day simple moving average of $45.52. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 6.69 and a beta of 1.12.

Pacer US Small Cap Cash Cows 100 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.