Northbridge Financial Group LLC Takes Position in Pacer US Cash Cows Growth ETF $BUL

Northbridge Financial Group LLC acquired a new stake in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 38,245 shares of the company’s stock, valued at approximately $2,107,000. Pacer US Cash Cows Growth ETF comprises about 0.9% of Northbridge Financial Group LLC’s investment portfolio, making the stock its 24th largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC acquired a new stake in Pacer US Cash Cows Growth ETF in the 3rd quarter valued at approximately $225,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Pacer US Cash Cows Growth ETF in the 4th quarter worth approximately $339,000. Two Sigma Investments LP bought a new position in shares of Pacer US Cash Cows Growth ETF during the 3rd quarter worth approximately $461,000. HighTower Advisors LLC lifted its position in shares of Pacer US Cash Cows Growth ETF by 29.4% during the 4th quarter. HighTower Advisors LLC now owns 23,191 shares of the company’s stock worth $1,278,000 after buying an additional 5,263 shares during the period. Finally, Oxbow Advisors LLC bought a new position in shares of Pacer US Cash Cows Growth ETF during the 4th quarter worth approximately $1,348,000.

Pacer US Cash Cows Growth ETF Price Performance

Pacer US Cash Cows Growth ETF stock opened at $56.47 on Wednesday. The business has a 50 day simple moving average of $56.04 and a 200 day simple moving average of $55.58. Pacer US Cash Cows Growth ETF has a one year low of $46.42 and a one year high of $59.64. The company has a market capitalization of $127.06 million, a PE ratio of 16.49 and a beta of 1.01.

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.