Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) shares crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $44.52 and traded as low as $43.96. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF shares last traded at $43.96, with a volume of 318,209 shares traded.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The company has a 50 day moving average of $46.12 and a 200 day moving average of $44.52. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 25.09 and a beta of 0.89.

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

A number of large investors have recently modified their holdings of the business. Bank of New York Mellon Corp grew its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 15,435 shares of the company’s stock worth $620,000 after buying an additional 512 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% in the first quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock worth $363,000 after buying an additional 813 shares in the last quarter. Allied Private Wealth LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter worth about $46,000. Continuum Advisory LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter worth about $70,000. Finally, BNB Wealth Management LLC lifted its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 4.1% in the third quarter. BNB Wealth Management LLC now owns 44,640 shares of the company’s stock worth $2,044,000 after buying an additional 1,754 shares in 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.