Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Update

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 90,977 shares, a drop of 30.4% from the January 15th total of 130,753 shares. Based on an average trading volume of 245,463 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 245,463 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter valued at $2,773,000. Nations Financial Group Inc. IA ADV grew its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 122.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 26,645 shares of the company’s stock valued at $1,116,000 after purchasing an additional 14,667 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter worth about $422,000. BlueStem Wealth Partners LLC lifted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% in the third quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock worth $1,019,000 after purchasing an additional 8,628 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter worth about $349,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Up 0.1%

NYSEARCA QDPL traded up $0.04 during trading hours on Friday, hitting $42.35. 286,964 shares of the company were exchanged, compared to its average volume of 203,125. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 52 week low of $31.79 and a 52 week high of $43.38. The stock has a 50-day moving average price of $42.80 and a 200 day moving average price of $42.02. The stock has a market cap of $1.43 billion, a PE ratio of 25.09 and a beta of 0.88.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Announces Dividend

The business also recently announced 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 of this dividend was Friday, January 30th. This represents a $0.58 annualized dividend and a dividend yield of 1.4%.

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.