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

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 32,704 shares, a decline of 64.1% from the January 29th total of 90,977 shares. Based on an average daily volume of 206,707 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 206,707 shares, the short-interest ratio is presently 0.2 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

NYSEARCA:QDPL traded down $0.44 during trading hours on Friday, reaching $42.29. The company’s stock had a trading volume of 147,665 shares, compared to its average volume of 195,889. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a one year low of $31.79 and a one year high of $43.38. The business’s 50-day moving average is $42.80 and its 200-day moving average is $42.20.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 27th will be paid a dividend of $0.189 per share. This is a boost from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.4%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in QDPL. EverSource Wealth Advisors LLC bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter worth $59,000. Ameriprise Financial Inc. acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter worth $202,000. RHL Group LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth about $309,000. Silverleafe Capital Partners LLC raised its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.8% during the third quarter. Silverleafe Capital Partners LLC now owns 7,770 shares of the company’s stock valued at $326,000 after buying an additional 1,785 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter valued at about $349,000.

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.