Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC decreased its stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 158,805 shares of the company’s stock after selling 1,016 shares during the period. Modern Wealth Management LLC owned approximately 0.14% of Pacer US Cash Cows Growth ETF worth $7,751,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in BUL. HighTower Advisors LLC lifted its position in Pacer US Cash Cows Growth ETF by 26.0% in the third quarter. HighTower Advisors LLC now owns 14,766 shares of the company’s stock worth $678,000 after purchasing an additional 3,045 shares during the period. MML Investors Services LLC lifted its holdings in shares of Pacer US Cash Cows Growth ETF by 589.2% in the third quarter. MML Investors Services LLC now owns 54,541 shares of the company’s stock valued at $2,514,000 after buying an additional 46,627 shares during the period. Raymond James Financial Inc. bought a new position in Pacer US Cash Cows Growth ETF during the fourth quarter valued at about $2,141,000. Avantax Advisory Services Inc. grew its holdings in Pacer US Cash Cows Growth ETF by 5.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 20,827 shares of the company’s stock worth $966,000 after acquiring an additional 1,031 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in Pacer US Cash Cows Growth ETF by 356.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 44,837 shares of the company’s stock valued at $2,079,000 after acquiring an additional 35,020 shares during the last quarter.

Pacer US Cash Cows Growth ETF Price Performance

Shares of BUL opened at $46.05 on Tuesday. The firm’s 50 day moving average is $47.14 and its 200-day moving average is $47.12. Pacer US Cash Cows Growth ETF has a 12-month low of $39.46 and a 12-month high of $50.55. The stock has a market capitalization of $75.98 million, a P/E ratio of 19.25 and a beta of 1.14.

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.