DAVENPORT & Co LLC grew its stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL – Free Report) by 36.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 48,400 shares of the company’s stock after buying an additional 13,034 shares during the period. DAVENPORT & Co LLC’s holdings in Pacer US Cash Cows Growth ETF were worth $2,666,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently made changes to their positions in BUL. Jane Street Group LLC bought a new position in shares of Pacer US Cash Cows Growth ETF during the 2nd quarter valued at approximately $1,547,000. Raymond James Financial Inc. raised its stake in Pacer US Cash Cows Growth ETF by 48.1% during the 3rd quarter. Raymond James Financial Inc. now owns 56,257 shares of the company’s stock worth $2,944,000 after acquiring an additional 18,268 shares during the period. Two Sigma Investments LP bought a new stake in Pacer US Cash Cows Growth ETF during the 3rd quarter worth approximately $461,000. Wealth Enhancement Advisory Services LLC purchased a new position in Pacer US Cash Cows Growth ETF during the fourth quarter valued at approximately $339,000. Finally, Maridea Wealth Management LLC purchased a new position in Pacer US Cash Cows Growth ETF during the third quarter valued at approximately $225,000.
Pacer US Cash Cows Growth ETF Price Performance
BUL opened at $52.55 on Friday. The company has a 50 day simple moving average of $55.94 and a two-hundred day simple moving average of $54.68. The firm has a market cap of $115.61 million, a P/E ratio of 16.49 and a beta of 1.08. Pacer US Cash Cows Growth ETF has a 1-year low of $37.67 and a 1-year high of $57.66.
About Pacer US Cash Cows Growth ETF
The Pacer US Cash Cows Growth ETF (BUL) is an exchange-traded fund that is based on the Pacer US Cash Cows Growth index. The fund tracks a market cap-weighted index of large- and mid-cap US growth equities selected using fundamental factors. BUL was launched on May 2, 2019 and is managed by Pacer.
Further Reading
Want to see what other hedge funds are holding BUL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Pacer US Cash Cows Growth ETF (NYSEARCA:BUL – Free Report).
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