Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Up 0.7% – What’s Next?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s share price shot up 0.7% on Thursday . The company traded as high as $45.75 and last traded at $45.73. 110,645 shares traded hands during trading, a decline of 37% from the average daily volume of 175,883 shares. The stock had previously closed at $45.40.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.7%

The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 25.09 and a beta of 0.89. The stock has a 50-day moving average of $45.32 and a 200-day moving average of $43.36.

Hedge Funds Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several institutional investors have recently modified their holdings of QDPL. Allied Private Wealth LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth about $46,000. EverSource Wealth Advisors LLC bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth about $59,000. Ameriprise Financial Inc. bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter worth about $202,000. RHL Group LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter valued at approximately $309,000. Finally, Sound Income Strategies LLC increased its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% in the fourth quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock valued at $354,000 after purchasing an additional 7,841 shares during the period.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Company Profile

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance. QDPL was launched on Jul 12, 2021 and is managed by Pacer.