Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Stock Price Down 2.1% – Time to Sell?

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX)’s share price fell 2.1% during trading on Thursday . The stock traded as low as $37.36 and last traded at $37.3410. 2,193 shares changed hands during trading, a decline of 37% from the average session volume of 3,500 shares. The stock had previously closed at $38.14.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Price Performance

The firm has a 50-day moving average of $37.34 and a 200 day moving average of $35.21. The company has a market capitalization of $11.20 million, a PE ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were issued a dividend of $0.0882 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, October 31st.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index composed of the stocks in the Nasdaq-100 Index, long positions in Nasdaq 100 Dividend futures, and US Treasurys. The objective is to provide 600% of the ordinary yield of the Nasdaq-100 Index in exchange for reduced participation in its price performance.