Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Shares Up 0.3% – Here’s Why

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX)’s share price traded up 0.3% during mid-day trading on Friday . The company traded as high as $38.02 and last traded at $37.9250. 260 shares were traded during mid-day trading, a decline of 94% from the average session volume of 4,077 shares. The stock had previously closed at $37.82.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Performance

The business has a 50-day simple moving average of $37.72 and a two-hundred day simple moving average of $36.88. The stock has a market cap of $15.17 million, a price-to-earnings ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 28th were given a $0.1718 dividend. This is a boost from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Friday, November 28th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC purchased a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned about 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF at the end of the most recent quarter.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index composed of the stocks in the Nasdaq-100 Index, long positions in Nasdaq 100 Dividend futures, and US Treasurys. The objective is to provide 600% of the ordinary yield of the Nasdaq-100 Index in exchange for reduced participation in its price performance. QSIX was launched on Sep 23, 2024 and is issued by Pacer.