Janney Montgomery Scott LLC Buys 48,900 Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL)

Janney Montgomery Scott LLC grew its stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) by 52.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 141,841 shares of the company’s stock after purchasing an additional 48,900 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF were worth $5,445,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of QDPL. NewEdge Advisors LLC grew its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 51.4% in the second 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 in the last quarter. Silverleafe Capital Partners LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the fourth quarter valued at $270,000. Sunbelt Securities Inc. purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the third quarter valued at $251,000. Anchor Investment Management LLC grew its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 37.3% in the third quarter. Anchor Investment Management LLC now owns 20,540 shares of the company’s stock valued at $780,000 after purchasing an additional 5,578 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC grew its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 29.0% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,795 shares of the company’s stock valued at $491,000 after purchasing an additional 2,880 shares in the last quarter.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

QDPL stock opened at $39.42 on Thursday. The firm has a fifty day moving average price of $39.32 and a 200 day moving average price of $38.28. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a fifty-two week low of $33.52 and a fifty-two week high of $40.26. The firm has a market cap of $393.81 million, a PE ratio of 25.01 and a beta of 0.89.

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.