Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Shares Up 0.7% – Here’s Why

Shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) shot up 0.7% during mid-day trading on Friday . The company traded as high as $37.15 and last traded at $37.04. 4,379 shares changed hands during trading, a decline of 22% from the average session volume of 5,638 shares. The stock had previously closed at $36.77.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Up 0.7%

The firm has a market capitalization of $14.82 million, a PE ratio of 33.05 and a beta of 1.24. The stock has a 50-day moving average price of $37.61 and a 200 day moving average price of $37.20.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were given a dividend of $0.0755 per share. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 2.4%.

Institutional Trading of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

An institutional investor recently bought a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC bought a new position in shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned approximately 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF as of its most recent SEC filing.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index composed of the stocks in the Nasdaq-100 Index, long positions in Nasdaq 100 Dividend futures, and US Treasurys. The objective is to provide 600% of the ordinary yield of the Nasdaq-100 Index in exchange for reduced participation in its price performance. QSIX was launched on Sep 23, 2024 and is issued by Pacer.