Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sees Large Drop in Short Interest

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 42,005 shares, a decrease of 42.9% from the April 30th total of 73,551 shares. Based on an average daily volume of 151,983 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

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

Several hedge funds have recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV boosted its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 26,955 shares of the company’s stock worth $1,145,000 after purchasing an additional 310 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 valued at $620,000 after buying an additional 512 shares in the last quarter. Arkadios Wealth Advisors lifted its position 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 valued at $363,000 after buying an additional 813 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.5% during the 4th quarter. Integrated Wealth Concepts LLC now owns 54,044 shares of the company’s stock valued at $2,296,000 after buying an additional 814 shares in the last quarter. Finally, Advisory Services Network LLC lifted its position in shares of 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 buying an additional 1,267 shares in the last quarter.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.5%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock traded up $0.21 during mid-day trading on Tuesday, hitting $46.33. The company had a trading volume of 117,540 shares, compared to its average volume of 185,121. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12-month low of $38.20 and a 12-month high of $46.34. The company’s fifty day moving average is $43.28 and its 200-day moving average is $42.74. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

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.