(QDPL) Pacer Funds Trust - Ratings and Ratios

The Pacer Funds Trust - Metaurus US Large Cap Target Dividend400 ETF (NYSE ARCA:QDPL) is designed to track an index with a dual-component structure, comprising the S&P500 Index and a dividend component that utilizes long positions in annual futures contracts to capture ordinary dividends paid by S&P500 constituent companies. This unique structure allows the fund to provide exposure to both the capital appreciation potential of large-cap U.S. equities and the income generated by dividend payments.

Under normal market conditions, the fund invests at least 80% of its net assets in large-cap equity securities traded in the U.S. and derivatives based on these securities, aligning with its Large Blend ETF category classification. The funds investment strategy is centered around capturing the dividend yield of the S&P500 while maintaining exposure to the broader index.

Analyzing the funds recent performance and technical indicators, we observe that the last price is $38.52, marginally above the 20-day Simple Moving Average (SMA) of $38.48, indicating a potential bullish trend. The 50-day SMA and 200-day SMA stand at $37.13 and $37.47, respectively, suggesting a longer-term uptrend. The Average True Range (ATR) is $0.49, representing a 1.28% daily volatility, which is relatively moderate. Given these technical signals, we can anticipate a potential short-term continuation of the uptrend, with a possible target near the 52-week high of $39.47.

Considering the funds fundamental data, the Assets Under Management (AUM) stand at $955.78 million USD, indicating a sizable presence in the market. Combining this with the technical analysis, we forecast that QDPL may continue to benefit from its exposure to large-cap U.S. equities and dividend income. If the S&P500 Index maintains its current trajectory and dividend payments remain stable, QDPL is likely to see its price appreciate further, potentially reaching $40.00 in the near term. However, any significant downturn in the S&P500 or unexpected changes in dividend payments could negatively impact QDPLs performance.