Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Reaches New 12-Month High – Here’s Why

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) shares reached a new 52-week high on Tuesday . The stock traded as high as $45.25 and last traded at $45.18, with a volume of 94905 shares traded. The stock had previously closed at $45.03.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.6%

The firm’s 50-day moving average is $42.20 and its two-hundred day moving average is $42.47. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.189 per share. This is a boost from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.0%.

Institutional Trading of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several large investors have recently bought and sold shares of QDPL. Farther Finance Advisors LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at about $2,773,000. BNB Wealth Management LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at about $1,267,000. Nations Financial Group Inc. IA ADV grew its stake 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 acquiring an additional 14,667 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 3rd quarter valued at about $422,000. Finally, BlueStem Wealth Partners LLC grew its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock valued at $1,019,000 after acquiring an additional 8,628 shares in the last quarter.

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.