Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Down 64.1% in February

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 32,704 shares, a decrease of 64.1% from the January 29th total of 90,977 shares. Based on an average daily trading volume, of 206,707 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 206,707 shares, the short-interest ratio is presently 0.2 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

NYSEARCA QDPL traded down $0.44 on Friday, hitting $42.29. 147,665 shares of the stock were exchanged, compared to its average volume of 195,889. 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. The firm has a market capitalization of $1.43 billion, a P/E ratio of 25.09 and a beta of 0.88. The stock has a fifty day moving average price of $42.81 and a two-hundred day moving average price of $42.17.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 27th will be paid a dividend of $0.189 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. This is a boost from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18.

Institutional Trading of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QDPL. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 106,630 shares of the company’s stock valued at $4,530,000 after buying an additional 2,072 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth approximately $2,773,000. West Michigan Advisors LLC lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.7% during the 4th quarter. West Michigan Advisors LLC now owns 63,026 shares of the company’s stock worth $2,688,000 after acquiring an additional 2,262 shares during the last quarter. Advisory Services Network LLC boosted its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.4% during the 4th quarter. Advisory Services Network LLC now owns 54,584 shares of the company’s stock valued at $2,319,000 after acquiring an additional 1,267 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 54,044 shares of the company’s stock valued at $2,296,000 after acquiring an additional 814 shares during the last quarter.

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.