Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Shares Up 0.7% – Still a Buy?

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX)’s stock price traded up 0.7% on Friday . The company traded as high as $37.15 and last traded at $37.04. 4,379 shares changed hands during trading, a decline of 22% from the average session volume of 5,638 shares. The stock had previously closed at $36.77.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Up 0.7%

The stock’s fifty day moving average price is $37.61 and its 200-day moving average price is $37.21. The company has a market capitalization of $14.82 million, a price-to-earnings ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a dividend of $0.0755 per share. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date was Friday, January 30th.

Institutional Investors Weigh In On Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC purchased a new position in shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF at the end of the most recent quarter.

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. QSIX was launched on Sep 23, 2024 and is issued by Pacer.