Short Interest in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Declines By 30.4%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 90,977 shares, a decrease of 30.4% from the January 15th total of 130,753 shares. Based on an average daily trading volume, of 245,463 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 245,463 shares, the days-to-cover ratio is currently 0.4 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Up 0.1%

QDPL traded up $0.04 during trading hours on Friday, reaching $42.35. 286,964 shares of the company’s stock traded hands, compared to its average volume of 203,125. The firm has a 50-day moving average price of $42.80 and a 200 day moving average price of $42.02. The firm has a market capitalization of $1.43 billion, a PE 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.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were issued a $0.1452 dividend. The ex-dividend date was Friday, January 30th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.4%.

Institutional Investors Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter worth about $2,773,000. Nations Financial Group Inc. IA ADV boosted its holdings in shares of 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 purchasing an additional 14,667 shares during the period. JPMorgan Chase & Co. bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the third quarter worth approximately $422,000. BlueStem Wealth Partners LLC grew its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% in the third quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock worth $1,019,000 after purchasing an additional 8,628 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth $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.