Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Stock Price Up 0.7% – Still a Buy?

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX)’s stock price rose 0.7% on Friday . The stock traded as high as $37.15 and last traded at $37.04. Approximately 4,379 shares traded hands during trading, a decline of 22% from the average daily volume of 5,638 shares. The stock had previously closed at $36.77.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Price Performance

The stock’s fifty day simple moving average is $37.61 and its 200-day simple moving average is $37.20. The firm has a market cap of $14.82 million, a PE ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were paid a $0.0755 dividend. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 2.4%.

Institutional Trading of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC acquired a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned about 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF as of its most recent SEC filing.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

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.