Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Hits New 52-Week High – Here’s What Happened

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s stock price hit 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. The stock had previously closed at $45.89.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The company has a market capitalization of $1.76 billion, a price-to-earnings ratio of 25.09 and a beta of 0.89. The company has a 50-day moving average price of $45.44 and a 200-day moving average price of $43.65.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at about $2,773,000. BNB Wealth Management LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth approximately $1,267,000. JPMorgan Chase & Co. acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter worth $422,000. Arkadios Wealth Advisors acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth $349,000. Finally, Sound Income Strategies LLC raised its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% in the fourth 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.

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.