Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sets New 12-Month 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 on Friday . The company traded as high as $45.78 and last traded at $45.70, with a volume of 5751 shares traded. The stock had previously closed at $45.21.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

The company has a market capitalization of $1.62 billion, a P/E ratio of 25.09 and a beta of 0.88. The business’s fifty day simple moving average is $42.61 and its 200-day simple moving average is $42.57.

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

Several large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter worth about $2,773,000. BNB Wealth Management LLC purchased a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at approximately $1,267,000. JPMorgan Chase & Co. purchased a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 3rd quarter valued at approximately $422,000. BlueStem Wealth Partners LLC increased its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 55.0% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 24,312 shares of the company’s stock worth $1,019,000 after acquiring an additional 8,628 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter worth approximately $349,000.

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.