Northbridge Financial Group LLC Makes New Investment in Pacer US Cash Cows Growth ETF $BUL

Northbridge Financial Group LLC bought a new position in shares of Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 portfolio, making the stock its 24th largest holding. Northbridge Financial Group LLC owned 1.74% of Pacer US Cash Cows Growth ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Maridea Wealth Management LLC purchased a new position in shares of Pacer US Cash Cows Growth ETF during the third quarter worth approximately $225,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Pacer US Cash Cows Growth ETF in the fourth quarter valued at $339,000. Two Sigma Investments LP acquired a new position in shares of Pacer US Cash Cows Growth ETF during the 3rd quarter worth $461,000. HighTower Advisors LLC raised its stake 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 last quarter. Finally, Oxbow Advisors LLC acquired a new position in shares of Pacer US Cash Cows Growth ETF during the 4th quarter worth $1,348,000.

Pacer US Cash Cows Growth ETF Stock Down 1.3%

NYSEARCA:BUL opened at $56.47 on Wednesday. The stock has a fifty 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 52-week low of $46.42 and a 52-week 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.

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.