Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Stock Price Down 0.4%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) shares were down 0.4% during trading on Thursday . The stock traded as low as $34.21 and last traded at $34.50. Approximately 44,761 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 70,465 shares. The stock had previously closed at $34.65.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 1.2 %

The stock’s 50 day moving average is $35.25 and its two-hundred day moving average is $33.43. The stock has a market capitalization of $323.89 million, a price-to-earnings ratio of 24.39 and a beta of 0.88.

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

A number of institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC increased its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 64.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 31,613 shares of the company’s stock valued at $1,045,000 after buying an additional 12,440 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 4th quarter valued at about $494,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter valued at about $224,000. Finally, Private Trust Co. NA bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter worth about $36,000.

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.