Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL – Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 99,629 shares, an increase of 138.1% from the August 15th total of 41,850 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 119,088 shares, the days-to-cover ratio is presently 0.8 days.
Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Down 0.3%
Shares of NYSEARCA QDPL traded down $0.16 during trading hours on Tuesday, reaching $45.67. The stock had a trading volume of 77,056 shares, compared to its average volume of 160,687. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 25.09 and a beta of 0.89. The business’s fifty day moving average price is $45.98 and its two-hundred day moving average price is $44.42. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 52-week low of $39.12 and a 52-week high of $47.12.
Hedge Funds Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. grew its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 106,630 shares of the company’s stock worth $4,530,000 after acquiring an additional 2,072 shares in the last quarter. BlueStem Wealth Partners LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 23.9% in the 4th quarter. BlueStem Wealth Partners LLC now owns 30,124 shares of the company’s stock valued at $1,280,000 after purchasing an additional 5,812 shares in the last quarter. BNB Wealth Management LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter worth approximately $1,267,000. Nations Financial Group Inc. IA ADV lifted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.9% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 27,469 shares of the company’s stock worth $1,103,000 after purchasing an additional 514 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% during the first quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock valued at $931,000 after purchasing an additional 4,767 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.
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