Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Stock Price Down 0.4%

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) traded down 0.4% on Thursday . The stock traded as low as $34.21 and last traded at $34.50. 44,761 shares traded hands during trading, a decline of 36% from the average session volume of 70,465 shares. The stock had previously closed at $34.65.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 1.2 %

The business has a 50-day moving average price of $35.25 and a 200-day moving average price of $33.43. The stock has a market cap of $323.89 million, a PE ratio of 24.39 and a beta of 0.88.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 64.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 31,613 shares of the company’s stock valued at $1,045,000 after purchasing an additional 12,440 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter valued at about $224,000. Anchor Investment Management LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at approximately $494,000. Finally, Private Trust Co. NA acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter worth approximately $36,000.

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.