Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Sees Large Decline in Short Interest

Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 2,254 shares, a decrease of 76.5% from the October 15th total of 9,583 shares. Based on an average daily volume of 15,027 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Pacer US Cash Cows Growth ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Advisory Services LLC purchased a new position in Pacer US Cash Cows Growth ETF in the second quarter worth approximately $30,000. Fifth Third Bancorp acquired a new position in Pacer US Cash Cows Growth ETF during the 1st quarter worth approximately $38,000. Independent Financial Group LLC purchased a new stake in shares of Pacer US Cash Cows Growth ETF in the 1st quarter valued at approximately $258,000. Commonwealth Equity Services LLC purchased a new stake in shares of Pacer US Cash Cows Growth ETF in the 3rd quarter valued at approximately $325,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of Pacer US Cash Cows Growth ETF by 22.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,270 shares of the company’s stock valued at $370,000 after purchasing an additional 1,134 shares during the last quarter.

Pacer US Cash Cows Growth ETF Stock Up 0.0%

NYSEARCA BUL traded up $0.02 during trading on Friday, hitting $62.50. The stock had a trading volume of 5,866 shares, compared to its average volume of 11,309. The company has a market capitalization of $134.38 million, a PE ratio of 19.15 and a beta of 1.00. The firm has a 50 day moving average price of $61.87 and a 200 day moving average price of $59.34. Pacer US Cash Cows Growth ETF has a twelve month low of $50.34 and a twelve month high of $65.70.

Pacer US Cash Cows Growth ETF Company 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.