Pacer Advisors Inc. Decreases Stock Holdings in Pacer US Cash Cows Growth ETF $BUL

Pacer Advisors Inc. lowered its stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 6.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 310,299 shares of the company’s stock after selling 20,612 shares during the period. Pacer Advisors Inc. owned approximately 14.10% of Pacer US Cash Cows Growth ETF worth $17,094,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of Pacer US Cash Cows Growth ETF by 16.3% in the fourth quarter. LPL Financial LLC now owns 238,155 shares of the company’s stock worth $13,120,000 after acquiring an additional 33,442 shares during the period. Envestnet Asset Management Inc. lifted its position in Pacer US Cash Cows Growth ETF by 2.6% during the third quarter. Envestnet Asset Management Inc. now owns 112,283 shares of the company’s stock valued at $5,876,000 after purchasing an additional 2,852 shares during the period. MML Investors Services LLC lifted its position in Pacer US Cash Cows Growth ETF by 11.1% during the fourth quarter. MML Investors Services LLC now owns 67,847 shares of the company’s stock valued at $3,738,000 after purchasing an additional 6,805 shares during the period. BNB Wealth Management LLC purchased a new stake in Pacer US Cash Cows Growth ETF in the fourth quarter worth approximately $3,352,000. Finally, Raymond James Financial Inc. boosted its holdings in Pacer US Cash Cows Growth ETF by 48.1% in the third quarter. Raymond James Financial Inc. now owns 56,257 shares of the company’s stock worth $2,944,000 after purchasing an additional 18,268 shares during the last quarter.

Pacer US Cash Cows Growth ETF Stock Performance

NYSEARCA:BUL opened at $58.66 on Friday. The company has a market cap of $131.98 million, a PE ratio of 16.49 and a beta of 1.01. The company has a 50 day simple moving average of $58.04 and a two-hundred day simple moving average of $56.57. Pacer US Cash Cows Growth ETF has a 12 month low of $46.86 and a 12 month high of $60.44.

Pacer US Cash Cows Growth ETF Company Profile

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.