Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Reaches New 12-Month High – Here’s Why

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $46.96 and last traded at $46.96, with a volume of 3213 shares traded. The stock had previously closed at $46.61.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The business’s fifty day moving average is $45.51 and its 200-day moving average is $43.83. The firm has a market cap of $1.77 billion, a P/E ratio of 25.09 and a beta of 0.89.

Hedge Funds Weigh In On 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 QDPL. Marshall & Sterling Wealth Advisors Inc. lifted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 106,630 shares of the company’s stock worth $4,530,000 after purchasing an additional 2,072 shares during the period. Farther Finance Advisors LLC acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter worth approximately $2,773,000. West Michigan Advisors LLC raised its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.7% during the fourth quarter. West Michigan Advisors LLC now owns 63,026 shares of the company’s stock worth $2,688,000 after purchasing an additional 2,262 shares during the period. Advisory Services Network LLC lifted its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.4% in the fourth quarter. Advisory Services Network LLC now owns 54,584 shares of the company’s stock valued at $2,319,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in 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 worth $2,296,000 after acquiring an additional 814 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.