LPL Financial LLC Purchases 22,029 Shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL)

LPL Financial LLC lifted its position in Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) by 16.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 155,920 shares of the company’s stock after acquiring an additional 22,029 shares during the period. LPL Financial LLC owned about 0.14% of Pacer US Cash Cows Growth ETF worth $7,228,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. purchased a new stake in shares of Pacer US Cash Cows Growth ETF during the fourth quarter valued at $92,000. HighTower Advisors LLC raised its position in Pacer US Cash Cows Growth ETF by 26.0% in the 3rd quarter. HighTower Advisors LLC now owns 14,766 shares of the company’s stock worth $678,000 after buying an additional 3,045 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in Pacer US Cash Cows Growth ETF by 5.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 20,827 shares of the company’s stock valued at $966,000 after acquiring an additional 1,031 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Pacer US Cash Cows Growth ETF by 356.7% during 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. Finally, Raymond James Financial Inc. bought a new stake in shares of Pacer US Cash Cows Growth ETF in the fourth quarter worth approximately $2,141,000.

Pacer US Cash Cows Growth ETF Stock Down 4.3 %

Shares of Pacer US Cash Cows Growth ETF stock opened at $39.64 on Monday. Pacer US Cash Cows Growth ETF has a twelve month low of $39.10 and a twelve month high of $50.55. The company’s 50 day moving average is $46.27 and its 200 day moving average is $47.11. The company has a market cap of $65.41 million, a price-to-earnings ratio of 19.47 and a beta of 1.13.

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.