Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $44.52 and traded as low as $43.96. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF shares last traded at $43.96, with a volume of 318,209 shares traded.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Down 4.2%

The stock has a market capitalization of $1.76 billion, a PE ratio of 25.09 and a beta of 0.89. The firm has a 50 day moving average price of $46.12 and a 200-day moving average price of $44.52.

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

Institutional investors have recently modified their holdings of the business. Allied Private Wealth LLC acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter worth about $46,000. Continuum Advisory LLC acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth about $70,000. Compass Financial Management LLC acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth about $162,000. Arkadios Wealth Advisors boosted its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% in the 1st quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock worth $363,000 after buying an additional 813 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 15,435 shares of the company’s stock worth $620,000 after buying an additional 512 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.