Confluence Wealth Services Inc. Takes Position in Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF)

Confluence Wealth Services Inc. purchased a new stake in Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 18,237 shares of the company’s stock, valued at approximately $897,000.

Several other hedge funds also recently made changes to their positions in the stock. Morgan Stanley grew its position in shares of Pacer US Small Cap Cash Cows 100 ETF by 66.3% in the third quarter. Morgan Stanley now owns 5,831,071 shares of the company’s stock valued at $243,156,000 after purchasing an additional 2,324,762 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Pacer US Small Cap Cash Cows 100 ETF by 60.5% during the fourth quarter. Wells Fargo & Company MN now owns 5,681,054 shares of the company’s stock valued at $272,861,000 after buying an additional 2,141,134 shares during the period. UBS Group AG boosted its stake in Pacer US Small Cap Cash Cows 100 ETF by 31.3% during the fourth quarter. UBS Group AG now owns 2,696,750 shares of the company’s stock valued at $129,525,000 after buying an additional 642,409 shares during the period. LPL Financial LLC boosted its stake in Pacer US Small Cap Cash Cows 100 ETF by 44.5% during the third quarter. LPL Financial LLC now owns 2,689,006 shares of the company’s stock valued at $112,132,000 after buying an additional 827,915 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in Pacer US Small Cap Cash Cows 100 ETF by 47.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,547,964 shares of the company’s stock valued at $122,379,000 after buying an additional 814,471 shares during the period.

Pacer US Small Cap Cash Cows 100 ETF Trading Down 2.8 %

BATS:CALF traded down $1.34 during trading hours on Tuesday, hitting $45.84. 1,807,869 shares of the company’s stock traded hands. The company has a market cap of $9.29 billion, a price-to-earnings ratio of 6.77 and a beta of 1.13. The company has a 50 day moving average of $47.58 and a two-hundred day moving average of $45.83.

About Pacer US Small Cap Cash Cows 100 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.