Modern Wealth Management LLC Decreases Stake in Pacer US Cash Cows Growth ETF $BUL

Modern Wealth Management LLC lessened its holdings in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 34.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,422 shares of the company’s stock after selling 36,948 shares during the period. Modern Wealth Management LLC owned approximately 3.09% of Pacer US Cash Cows Growth ETF worth $3,800,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Pacer US Cash Cows Growth ETF by 48.7% in the fourth quarter. Royal Bank of Canada now owns 742 shares of the company’s stock valued at $41,000 after acquiring an additional 243 shares during the period. Fifth Third Bancorp acquired a new position in shares of Pacer US Cash Cows Growth ETF during the 1st quarter worth $38,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Pacer US Cash Cows Growth ETF during the 4th quarter worth $42,000. Commonwealth Equity Services LLC increased its holdings in shares of Pacer US Cash Cows Growth ETF by 23.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 6,855 shares of the company’s stock valued at $378,000 after purchasing an additional 1,305 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in shares of Pacer US Cash Cows Growth ETF by 15.7% in the 4th quarter. Harbour Investments Inc. now owns 20,345 shares of the company’s stock valued at $1,121,000 after purchasing an additional 2,756 shares in the last quarter.

Pacer US Cash Cows Growth ETF Stock Up 1.1%

Shares of NYSEARCA BUL opened at $58.98 on Friday. Pacer US Cash Cows Growth ETF has a 52 week low of $49.64 and a 52 week high of $60.67. The firm has a 50-day moving average price of $58.89 and a 200 day moving average price of $57.23. The stock has a market capitalization of $126.81 million, a price-to-earnings ratio of 16.49 and a beta of 1.00.

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.