Pacer Metaurus US Large Cap Dividend Multiplier 300 ETF (TRPL)
Pacer Metaurus US Large Cap Dividend Multiplier 300 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $41.14, up 0.01% on the session, giving a market capitalisation of $1.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
The index underpinning this ETF is composed of two distinct elements. One segment provides exposure to the S&P 500 Index itself. The second element is a dividend-focused component, which uses long-term annual futures contracts. These contracts are designed to capture the routine dividend payments from the common stocks of companies that are part of the S&P 500. Under typical market conditions, at least 80% of the fund's total assets will be invested in large-capitalization equity securities that are primarily traded in the U.S., or in derivative instruments based on such securities. It's also important to note that this fund is considered non-diversified.
Pacer Metaurus US Large Cap Dividend Multiplier 300 ETF is most often compared with the following Financial Services names: