Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Trading Down 0.1% – Should You Sell?

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX)’s stock price dropped 0.1% during mid-day trading on Friday . The company traded as low as $42.22 and last traded at $42.18. 1,411 shares changed hands during trading, a decline of 55% from the average session volume of 3,162 shares. The stock had previously closed at $42.23.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Performance

The stock has a 50-day moving average of $42.07 and a 200-day moving average of $40.33. The firm has a market cap of $18.98 million, a price-to-earnings ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were paid a dividend of $0.1516 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, August 31st.

About Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

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.