Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Reaches New 1-Year High – What’s Next?

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPLGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $44.35 and last traded at $44.32, with a volume of 120111 shares traded. The stock had previously closed at $43.88.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Up 1.0%

The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88. The stock has a fifty day moving average of $41.90 and a 200-day moving average of $42.34.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were issued a $0.189 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Friday, February 27th. This is a positive change from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter valued at $59,000. Ameriprise Financial Inc. purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter worth about $202,000. RHL Group LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth about $309,000. Sound Income Strategies LLC increased its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% during the fourth quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock worth $354,000 after purchasing an additional 7,841 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth about $349,000.

About Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF and related companies with MarketBeat.com's FREE daily email newsletter.