Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sees Significant Decrease in Short Interest

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 78,150 shares, a decline of 64.3% from the June 30th total of 218,633 shares. Based on an average trading volume of 133,203 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are short sold.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

QDPL stock opened at $45.07 on Wednesday. The company has a market capitalization of $1.69 billion, a PE ratio of 25.09 and a beta of 0.89. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a one year low of $39.12 and a one year high of $46.34. The company’s 50 day moving average price is $45.47 and its two-hundred day moving average price is $43.59.

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

Large investors have recently added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV lifted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.2% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 26,955 shares of the company’s stock worth $1,145,000 after purchasing an additional 310 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% in the first 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 during the period. Arkadios Wealth Advisors increased its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% in the first 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 period. Integrated Wealth Concepts LLC lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 54,044 shares of the company’s stock valued at $2,296,000 after acquiring an additional 814 shares during the last quarter. Finally, Allied Private Wealth LLC bought a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter valued at about $46,000.

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.