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

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 37,423 shares, an increase of 14.4% from the February 12th total of 32,704 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 171,811 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 171,811 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Down 1.4%

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock opened at $40.86 on Thursday. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 52-week low of $31.79 and a 52-week high of $43.38. The company’s 50-day simple moving average is $42.47 and its 200-day simple moving average is $42.27.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.189 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date was Friday, February 27th. This is a positive change from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18.

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

A number of 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 second quarter valued at approximately $59,000. Baird Financial Group Inc. grew its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 8.2% during the second quarter. Baird Financial Group Inc. now owns 27,491 shares of the company’s stock worth $1,085,000 after acquiring an additional 2,085 shares during the period. Private Trust Co. NA raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 113.6% in the third quarter. Private Trust Co. NA now owns 10,479 shares of the company’s stock worth $439,000 after acquiring an additional 5,573 shares in the last quarter. Silverleafe Capital Partners LLC raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.8% in the third quarter. Silverleafe Capital Partners LLC now owns 7,770 shares of the company’s stock worth $326,000 after acquiring an additional 1,785 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 122.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 26,645 shares of the company’s stock valued at $1,116,000 after acquiring an additional 14,667 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.