Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Down 64.1% in February

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 32,704 shares, a drop of 64.1% from the January 29th total of 90,977 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 206,707 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 206,707 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.9%

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock opened at $42.89 on Thursday. The firm’s 50-day moving average price is $42.80 and its two-hundred day moving average price is $42.17. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 1-year low of $31.79 and a 1-year high of $43.38. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were given a dividend of $0.1452 per share. The ex-dividend date was Friday, January 30th. This represents a $0.58 annualized dividend and a dividend yield of 1.4%.

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

Large investors have recently modified their holdings of the business. Nations Financial Group Inc. IA ADV raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 122.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 26,645 shares of the company’s stock worth $1,116,000 after acquiring an additional 14,667 shares during the period. Private Trust Co. NA raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 113.6% in the 3rd quarter. Private Trust Co. NA now owns 10,479 shares of the company’s stock valued at $439,000 after buying an additional 5,573 shares during the last quarter. Silverleafe Capital Partners LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.8% in the third quarter. Silverleafe Capital Partners LLC now owns 7,770 shares of the company’s stock valued at $326,000 after purchasing an additional 1,785 shares during the last quarter. RHL Group LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth about $309,000. Finally, BlueStem Wealth Partners LLC increased its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 23.9% in the fourth quarter. BlueStem Wealth Partners LLC now owns 30,124 shares of the company’s stock valued at $1,280,000 after acquiring an additional 5,812 shares during 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.