Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Share Price Breaks Above 200-Day Moving Average – What’s Next?

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $40.55 and traded as high as $40.65. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF shares last traded at $40.5910, with a volume of 1,615 shares trading hands.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Price Performance

The firm has a market capitalization of $19.98 million, a price-to-earnings ratio of 27.66 and a beta of 1.26. The firm has a 50 day moving average price of $42.13 and a 200-day moving average price of $40.56.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 2nd. Shareholders of record on Friday, October 30th were issued a dividend of $0.0779 per share. This is a negative change from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.1494. The ex-dividend date was Friday, October 30th. This represents a $0.93 annualized dividend and a yield of 2.3%.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index composed of the stocks in the Nasdaq-100 Index, long positions in Nasdaq 100 Dividend futures, and US Treasurys. The objective is to provide 600% of the ordinary yield of the Nasdaq-100 Index in exchange for reduced participation in its price performance. QSIX was launched on Sep 23, 2024 and is issued by Pacer.