Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sets New 52-Week High – What’s Next?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $46.11 and last traded at $46.04, with a volume of 52295 shares trading hands. The stock had previously closed at $45.82.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The company has a 50 day moving average price of $42.97 and a 200 day moving average price of $42.67. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

Hedge Funds Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter valued at $59,000. Ameriprise Financial Inc. purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter valued at $202,000. RHL Group LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $309,000. Arkadios Wealth Advisors purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $349,000. Finally, Sound Income Strategies LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% in the 4th quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock valued at $354,000 after buying an additional 7,841 shares during the period.

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.