Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Reaches New 52-Week High – Here’s What Happened

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $46.96 and last traded at $46.96, with a volume of 3213 shares trading hands. The stock had previously closed at $46.61.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.5%

The stock’s fifty day moving average is $45.51 and its two-hundred day moving average is $43.83. The company has a market capitalization of $1.77 billion, a PE ratio of 25.09 and a beta of 0.89.

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

Several institutional investors have recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV boosted its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 26,955 shares of the company’s stock worth $1,145,000 after buying an additional 310 shares during the period. Bank of New York Mellon Corp grew its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% in the 1st quarter. Bank of New York Mellon Corp now owns 15,435 shares of the company’s stock valued at $620,000 after buying an additional 512 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% during the 1st quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock valued at $363,000 after acquiring an additional 813 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 54,044 shares of the company’s stock valued at $2,296,000 after acquiring an additional 814 shares during the period. Finally, Allied Private Wealth LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter worth $46,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Company Profile

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.