Financial Management Network Inc. Reduces Holdings in Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF)

Financial Management Network Inc. trimmed its holdings in shares of Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) by 21.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,545 shares of the company’s stock after selling 61,941 shares during the period. Pacer US Small Cap Cash Cows 100 ETF comprises approximately 2.1% of Financial Management Network Inc.’s holdings, making the stock its 13th biggest holding. Financial Management Network Inc. owned 0.11% of Pacer US Small Cap Cash Cows 100 ETF worth $10,120,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Pacer US Small Cap Cash Cows 100 ETF by 90.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 640 shares of the company’s stock worth $28,000 after purchasing an additional 304 shares in the last quarter. FMR LLC increased its stake in shares of Pacer US Small Cap Cash Cows 100 ETF by 23.3% during the 3rd quarter. FMR LLC now owns 7,181 shares of the company’s stock worth $334,000 after purchasing an additional 1,358 shares in the last quarter. MGB Wealth Management LLC increased its stake in shares of Pacer US Small Cap Cash Cows 100 ETF by 0.7% during the 3rd quarter. MGB Wealth Management LLC now owns 61,958 shares of the company’s stock worth $2,881,000 after purchasing an additional 403 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Pacer US Small Cap Cash Cows 100 ETF by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 344,896 shares of the company’s stock worth $16,045,000 after purchasing an additional 25,055 shares in the last quarter. Finally, Stephens Inc. AR increased its stake in shares of Pacer US Small Cap Cash Cows 100 ETF by 7.7% during the 4th quarter. Stephens Inc. AR now owns 7,408 shares of the company’s stock worth $326,000 after purchasing an additional 527 shares in the last quarter.

Pacer US Small Cap Cash Cows 100 ETF Stock Performance

Shares of CALF opened at $42.74 on Wednesday. The stock has a market cap of $8.71 billion, a PE ratio of 6.69 and a beta of 1.12. The stock’s fifty day simple moving average is $44.40 and its 200 day simple moving average is $45.39.

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.