Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Stake Reduced by LPL Financial LLC

LPL Financial LLC reduced its stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 2.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,878 shares of the company’s stock after selling 3,042 shares during the quarter. LPL Financial LLC owned about 9.27% of Pacer US Cash Cows Growth ETF worth $6,717,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in Pacer US Cash Cows Growth ETF by 29.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 75,780 shares of the company’s stock worth $3,330,000 after buying an additional 17,235 shares during the last quarter. MML Investors Services LLC grew its stake in shares of Pacer US Cash Cows Growth ETF by 5.3% in the fourth quarter. MML Investors Services LLC now owns 57,442 shares of the company’s stock worth $2,663,000 after purchasing an additional 2,901 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Pacer US Cash Cows Growth ETF in the fourth quarter worth $2,141,000. Cetera Investment Advisers grew its stake in shares of Pacer US Cash Cows Growth ETF by 1.8% in the first quarter. Cetera Investment Advisers now owns 45,290 shares of the company’s stock worth $1,990,000 after purchasing an additional 798 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in shares of Pacer US Cash Cows Growth ETF by 17.7% in the first quarter. Avantax Advisory Services Inc. now owns 24,516 shares of the company’s stock worth $1,077,000 after purchasing an additional 3,689 shares in the last quarter.

Pacer US Cash Cows Growth ETF Stock Performance

NYSEARCA:BUL opened at $50.38 on Tuesday. Pacer US Cash Cows Growth ETF has a 1 year low of $37.67 and a 1 year high of $52.54. The stock has a market cap of $78.09 million, a price-to-earnings ratio of 16.49 and a beta of 1.16. The business has a fifty day moving average of $49.71 and a 200-day moving average of $47.04.

Pacer US Cash Cows Growth ETF 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.