PeakShares Sector Rotation ETF (NASDAQ:PSTR) Stock Price Up 0.7% – What’s Next?

PeakShares Sector Rotation ETF (NASDAQ:PSTR)’s share price traded up 0.7% during trading on Tuesday . The company traded as high as $29.35 and last traded at $29.34. 11,272 shares traded hands during mid-day trading, an increase of 95% from the average session volume of 5,791 shares. The stock had previously closed at $29.13.

PeakShares Sector Rotation ETF Trading Up 0.7%

The firm has a market capitalization of $53.40 million, a price-to-earnings ratio of -2.34 and a beta of 0.63. The stock’s 50 day moving average price is $28.84 and its two-hundred day moving average price is $28.41.

PeakShares Sector Rotation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Tuesday, December 16th were given a dividend of $0.3912 per share. The ex-dividend date was Tuesday, December 16th. This is an increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.36. This represents a $1.56 annualized dividend and a yield of 5.3%. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is currently -11.39%.

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. PSTR was launched on Apr 30, 2024 and is issued by Peak.