PeakShares Sector Rotation ETF (NASDAQ:PSTR) Stock Price Up 0.1% – Here’s Why

PeakShares Sector Rotation ETF (NASDAQ:PSTR) shares rose 0.1% during trading on Tuesday . The company traded as high as $29.01 and last traded at $28.97. Approximately 5,189 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 7,901 shares. The stock had previously closed at $28.93.

PeakShares Sector Rotation ETF Stock Performance

The stock has a 50-day simple moving average of $28.61 and a 200 day simple moving average of $28.14. The stock has a market capitalization of $51.86 million, a P/E ratio of -2.31 and a beta of 0.63.

PeakShares Sector Rotation ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Tuesday, September 23rd were given a $0.3565 dividend. The ex-dividend date was Tuesday, September 23rd. This is a positive change from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.34. This represents a $1.43 dividend on an annualized basis and a yield of 4.9%. PeakShares Sector Rotation ETF’s dividend payout ratio is -11.07%.

PeakShares Sector Rotation ETF Company Profile

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance.