DAVENPORT & Co LLC Boosts Stock Position in Pacer US Cash Cows Growth ETF $BUL

DAVENPORT & Co LLC boosted its stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 36.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. 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 owned approximately 2.36% of Pacer US Cash Cows Growth ETF worth $2,666,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in Pacer US Cash Cows Growth ETF by 14.7% in the second quarter. Osaic Holdings Inc. now owns 31,528 shares of the company’s stock worth $1,553,000 after acquiring an additional 4,042 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of 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 acquiring an additional 2,852 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of Pacer US Cash Cows Growth ETF in the 3rd quarter worth about $461,000. Jane Street Group LLC purchased a new position in shares of Pacer US Cash Cows Growth ETF in the 2nd quarter worth about $1,547,000. Finally, MML Investors Services LLC raised its position in shares of Pacer US Cash Cows Growth ETF by 5.7% in the 2nd quarter. MML Investors Services LLC now owns 67,105 shares of the company’s stock worth $3,306,000 after purchasing an additional 3,608 shares during the last quarter.

Pacer US Cash Cows Growth ETF Price Performance

Shares of Pacer US Cash Cows Growth ETF stock opened at $52.55 on Friday. Pacer US Cash Cows Growth ETF has a 1 year low of $37.67 and a 1 year high of $57.66. The firm’s 50-day moving average is $55.94 and its 200 day moving average is $54.68. The stock has a market cap of $115.61 million, a price-to-earnings ratio of 16.49 and a beta of 1.08.

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.