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BUL hits a new 52-week high as strong growth sentiment, tech momentum and a focus on high free cash flow stocks fuel gains.
Pacer US Cash Cows Growth ETF holds a portfolio of 50 stocks with high growth and free cash flow, focused on consumer discretionary and industrials. The BUL ETF combines value and growth characteristics and has outperformed many growth ETFs over the last 12 months. Nonetheless, performance since inception is underwhelming compared to peers.
The new year is poised for a resurgence in tech IPOs, as lower interest rates and an investor shift to small- and mid-cap companies combine to create a more welcoming market for debuts. The current environment presents the most favorable conditions for the recovery of IPOs in the past three years. The S&P 400 Midcap Index and the S&P 600 Index have outperformed the S&P 500 Index since the US election Nov. 5.
The S&P 500 ETF (SPY) gapped up 1% at the open this morning, so we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+.
Cash cow investing is a strategy that has gained popularity among investors seeking stable and consistent returns.
Cash cow investing can be a valuable strategy for investors seeking stability and consistent income.
Cash cow investing can be a valuable strategy for investors seeking stability and consistent income.
BUL applies a free cash flow yield screen on 150 "pure growth" large- and mid-cap stocks. Fees are 0.60% and the ETF has $39 million in assets under management. Unlike other Pacer Cash Cows ETFs, BUL is market-cap-weighted. However, it's also heavily concentrated with 84% of assets in its 25 holdings. The remaining 16% is allocated to 25 others.