West Michigan Advisors LLC Raises Holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)

West Michigan Advisors LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,305 shares of the company’s stock after purchasing an additional 1,258 shares during the period. West Michigan Advisors LLC’s holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF were worth $2,821,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in QDPL. Janney Montgomery Scott LLC boosted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 99.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 62,912 shares of the company’s stock valued at $2,252,000 after purchasing an additional 31,299 shares during the last quarter. WR Wealth Planners LLC boosted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 306.5% during the 2nd quarter. WR Wealth Planners LLC now owns 4,878 shares of the company’s stock valued at $179,000 after purchasing an additional 3,678 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 51.4% during the 2nd quarter. NewEdge Advisors LLC now owns 32,804 shares of the company’s stock valued at $1,204,000 after purchasing an additional 11,136 shares during the last quarter.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Up 0.2 %

Shares of QDPL opened at $38.38 on Friday. The business’s fifty day simple moving average is $37.84 and its two-hundred day simple moving average is $36.78. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12 month low of $29.27 and a 12 month high of $38.91. The company has a market cap of $383.42 million, a price-to-earnings ratio of 25.01 and a beta of 0.89.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF 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.