Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Reaches New 12-Month High – Here’s What Happened

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) reached a new 52-week high on Friday . The stock traded as high as $43.45 and last traded at $43.42, with a volume of 10703 shares traded. The stock had previously closed at $43.08.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The firm has a fifty day simple moving average of $41.67 and a 200 day simple moving average of $42.20. The company has a market cap of $1.54 billion, a PE ratio of 25.09 and a beta of 0.88.

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. Investors of record on Friday, February 27th were issued a $0.189 dividend. 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. This represents a c) dividend on an annualized basis and a yield of 5.2%.

Hedge Funds Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter valued at $59,000. Ameriprise Financial Inc. purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter valued at about $202,000. RHL Group LLC acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth about $309,000. Silverleafe Capital Partners LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.8% in the 3rd quarter. Silverleafe Capital Partners LLC now owns 7,770 shares of the company’s stock worth $326,000 after purchasing an additional 1,785 shares during the period. Finally, Sound Income Strategies LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% in the 4th 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 during the period.

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.