BNB Wealth Management LLC Makes New $3.35 Million Investment in Pacer US Cash Cows Growth ETF $BUL

BNB Wealth Management LLC bought a new position in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 60,849 shares of the company’s stock, valued at approximately $3,352,000. Pacer US Cash Cows Growth ETF comprises about 2.2% of BNB Wealth Management LLC’s portfolio, making the stock its 20th biggest holding. BNB Wealth Management LLC owned about 2.77% of Pacer US Cash Cows Growth ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC increased its stake in Pacer US Cash Cows Growth ETF by 36.9% during the fourth quarter. DAVENPORT & Co LLC now owns 48,400 shares of the company’s stock worth $2,666,000 after acquiring an additional 13,034 shares during the last quarter. Northbridge Financial Group LLC acquired a new stake in Pacer US Cash Cows Growth ETF during the fourth quarter worth $2,107,000. Oxbow Advisors LLC acquired a new stake in Pacer US Cash Cows Growth ETF during the fourth quarter worth $1,348,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Pacer US Cash Cows Growth ETF during the fourth quarter worth $339,000. Finally, Maridea Wealth Management LLC acquired a new stake in Pacer US Cash Cows Growth ETF during the third quarter worth $225,000.

Pacer US Cash Cows Growth ETF Stock Down 1.8%

BUL stock opened at $58.40 on Thursday. The business has a fifty day moving average of $57.92 and a two-hundred day moving average of $56.52. The stock has a market cap of $131.40 million, a price-to-earnings ratio of 16.49 and a beta of 1.01. Pacer US Cash Cows Growth ETF has a 52-week low of $46.86 and a 52-week high of $60.44.

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.