Royal Bank of Canada Decreases Holdings in Pacer US Small Cap Cash Cows ETF $CALF

Royal Bank of Canada trimmed its stake in Pacer US Small Cap Cash Cows ETF (BATS:CALF) by 13.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 829,581 shares of the company’s stock after selling 131,646 shares during the quarter. Royal Bank of Canada owned approximately 0.78% of Pacer US Small Cap Cash Cows ETF worth $37,223,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gateway Wealth Partners LLC increased its stake in shares of Pacer US Small Cap Cash Cows ETF by 64.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 8,934 shares of the company’s stock worth $401,000 after purchasing an additional 3,506 shares during the last quarter. CMC Financial Group grew its holdings in Pacer US Small Cap Cash Cows ETF by 11.6% during the first quarter. CMC Financial Group now owns 22,882 shares of the company’s stock valued at $1,027,000 after purchasing an additional 2,374 shares during the period. Pacific Wealth Strategies Group Inc. bought a new position in Pacer US Small Cap Cash Cows ETF during the first quarter valued at $935,000. Simon Quick Advisors LLC purchased a new stake in Pacer US Small Cap Cash Cows ETF in the first quarter worth $375,000. Finally, Oder Investment Management LLC increased its position in Pacer US Small Cap Cash Cows ETF by 7.1% in the first quarter. Oder Investment Management LLC now owns 10,156 shares of the company’s stock worth $456,000 after buying an additional 672 shares during the last quarter.

Pacer US Small Cap Cash Cows ETF Price Performance

Shares of CALF opened at $55.07 on Tuesday. Pacer US Small Cap Cash Cows ETF has a 1 year low of $39.51 and a 1 year high of $55.77. The stock’s fifty day moving average price is $51.21 and its two-hundred day moving average price is $47.93. The firm has a market cap of $5.87 billion, a PE 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.