Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Stock Price Down 0.3% – Here’s What Happened

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) shares traded down 0.3% during mid-day trading on Tuesday . The company traded as low as $40.19 and last traded at $40.60. 106,041 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 204,487 shares. The stock had previously closed at $40.71.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Down 0.3%

The stock’s 50-day moving average is $41.74 and its 200-day moving average is $42.18. The stock has a market cap of $1.42 billion, a P/E ratio of 25.09 and a beta of 0.88.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

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

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

Several large investors have recently made changes to their positions in QDPL. EverSource Wealth Advisors LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter valued at about $59,000. Ameriprise Financial Inc. bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 3rd quarter valued at about $202,000. RHL Group LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at about $309,000. Silverleafe Capital Partners LLC boosted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.8% during the 3rd quarter. Silverleafe Capital Partners LLC now owns 7,770 shares of the company’s stock valued at $326,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at about $349,000.

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.