Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Update

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 42,005 shares, a decrease of 42.9% from the April 30th total of 73,551 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 151,983 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

A number of hedge funds have recently bought and sold shares of the company. Arkadios Wealth Advisors increased its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% during the first quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock valued at $363,000 after acquiring an additional 813 shares during the last quarter. Sunbelt Securities Inc. increased its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% during the first quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock valued at $931,000 after acquiring an additional 4,767 shares during the last quarter. Bank of New York Mellon Corp increased its position in 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 valued at $620,000 after acquiring an additional 512 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 27,469 shares of the company’s stock valued at $1,103,000 after acquiring an additional 514 shares during the last quarter. Finally, BNB Wealth Management LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the fourth quarter valued at $1,267,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock opened at $46.03 on Thursday. The stock has a market cap of $1.63 billion, a PE ratio of 25.09 and a beta of 0.88. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a one year low of $38.20 and a one year high of $46.34. The stock has a fifty day moving average of $43.51 and a 200 day moving average of $42.80.

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.