Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Update

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 78,150 shares, a decrease of 64.3% from the June 30th total of 218,633 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 133,203 shares, the days-to-cover ratio is currently 0.6 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

Shares of NYSEARCA QDPL opened at $44.95 on Monday. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 52 week low of $39.12 and a 52 week high of $46.34. The stock has a market capitalization of $1.68 billion, a P/E ratio of 25.09 and a beta of 0.89. The stock’s fifty day moving average is $45.47 and its 200 day moving average is $43.56.

Institutional Investors Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

A number of large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth $2,773,000. BNB Wealth Management LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $1,267,000. JPMorgan Chase & Co. bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter valued at $422,000. Arkadios Wealth Advisors bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $349,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% during the 4th quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock worth $354,000 after buying an additional 7,841 shares in the last quarter.

About Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

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.