Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Trading Down 0.4%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s stock price traded down 0.4% on Thursday . The company traded as low as $34.21 and last traded at $34.50. 44,761 shares were traded during trading, a decline of 36% from the average session volume of 70,465 shares. The stock had previously closed at $34.65.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The business has a 50-day simple moving average of $35.24 and a two-hundred day simple moving average of $33.40. The stock has a market cap of $319.82 million, a price-to-earnings ratio of 24.39 and a beta of 0.88.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter valued at $36,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $224,000. Anchor Investment Management LLC bought a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth $494,000. Finally, Janney Montgomery Scott LLC increased its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 118.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,173 shares of the company’s stock worth $583,000 after buying an additional 10,412 shares during the period.

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.