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

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $43.72 and last traded at $43.67, with a volume of 48044 shares trading hands. The stock had previously closed at $43.62.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Down 0.1%

The stock has a market cap of $1.54 billion, a PE ratio of 25.09 and a beta of 0.88. The firm has a 50 day moving average price of $41.72 and a 200 day moving average price of $42.24.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.189 dividend. This is a boost from Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Friday, February 27th.

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

Several institutional investors have recently added to or reduced their stakes in QDPL. Farther Finance Advisors LLC acquired a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter worth about $2,773,000. BNB Wealth Management LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter worth about $1,267,000. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 122.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 26,645 shares of the company’s stock worth $1,116,000 after purchasing an additional 14,667 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter worth about $422,000. Finally, BlueStem Wealth Partners LLC lifted its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% during the third quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock worth $1,019,000 after purchasing an additional 8,628 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. QDPL was launched on Jul 12, 2021 and is managed by Pacer.