Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sets New 52-Week High – Time to Buy?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $46.35 and last traded at $46.35, with a volume of 21250 shares changing hands. The stock had previously closed at $45.89.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 1.8%

The company has a market cap of $1.76 billion, a P/E ratio of 25.09 and a beta of 0.89. The company’s 50-day moving average price is $45.44 and its two-hundred day moving average price is $43.65.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Allied Private Wealth LLC acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter worth $46,000. Arkadios Wealth Advisors boosted its stake 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 worth $363,000 after acquiring an additional 813 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% during the first quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock valued at $931,000 after buying an additional 4,767 shares in the last quarter. Bank of New York Mellon Corp grew its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 15,435 shares of the company’s stock worth $620,000 after purchasing an additional 512 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 27,469 shares of the company’s stock valued at $1,103,000 after buying an additional 514 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.