Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Shorted: Short Interest Down 37.6% in September

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 62,218 shares, a decrease of 37.6% from the August 31st total of 99,629 shares. Based on an average daily trading volume, of 120,977 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

Shares of NYSEARCA:QDPL traded down $0.05 during midday trading on Thursday, hitting $45.75. 74,802 shares of the company’s stock were exchanged, compared to its average volume of 159,062. The stock has a 50 day moving average price of $46.14 and a 200-day moving average price of $44.77. The company has a market cap of $1.80 billion, a PE ratio of 25.09 and a beta of 0.89. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12 month low of $39.12 and a 12 month high of $47.12.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QDPL. BNB Wealth Management LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter worth about $1,267,000. Nations Financial Group Inc. IA ADV raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.9% in the first quarter. Nations Financial Group Inc. IA ADV now owns 27,469 shares of the company’s stock worth $1,103,000 after acquiring an additional 514 shares during the period. Sunbelt Securities Inc. boosted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% in the first quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock valued at $931,000 after acquiring an additional 4,767 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in 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 valued at $620,000 after acquiring an additional 512 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% during the 1st quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock valued at $363,000 after acquiring an additional 813 shares during the period.

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.