Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Shorted: Short Interest Down 37.6% in September

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 62,218 shares, a drop of 37.6% from the August 31st total of 99,629 shares. Based on an average trading volume of 120,977 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Up 0.7%

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock opened at $46.23 on Friday. The firm has a market cap of $1.83 billion, a PE ratio of 25.09 and a beta of 0.89. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a twelve month low of $39.12 and a twelve month high of $47.12. The business has a 50-day moving average price of $46.18 and a 200 day moving average price of $44.81.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BNB Wealth Management LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at approximately $1,267,000. Bank of New York Mellon Corp grew its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% in the 1st 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 period. Sunbelt Securities Inc. increased its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% in the 1st quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock worth $931,000 after acquiring an additional 4,767 shares in the last quarter. Continuum Advisory LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth $70,000. Finally, Compass Financial Management LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter worth $162,000.

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.