Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sets New 52-Week High – What’s Next?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) reached a new 52-week high on Thursday . The company traded as high as $46.11 and last traded at $46.04, with a volume of 52295 shares traded. The stock had previously closed at $45.82.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

The stock has a 50 day simple moving average of $42.97 and a two-hundred day simple moving average of $42.67. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

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

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter valued at $59,000. Ameriprise Financial Inc. acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 3rd quarter valued at $202,000. RHL Group LLC acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $309,000. Arkadios Wealth Advisors acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at $349,000. Finally, Sound Income Strategies LLC lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% in the 4th quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock valued at $354,000 after purchasing an additional 7,841 shares during the last quarter.

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.