PeakShares Sector Rotation ETF (NASDAQ:PSTR) Trading Down 0.3% – What’s Next?

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet Free Report) shares traded down 0.3% during mid-day trading on Friday . The stock traded as low as $28.74 and last traded at $28.74. 3,471 shares traded hands during trading, an increase of 22% from the average session volume of 2,844 shares. The stock had previously closed at $28.83.

PeakShares Sector Rotation ETF Price Performance

The business’s 50 day moving average price is $29.33 and its 200 day moving average price is $28.91. The stock has a market capitalization of $52.88 million, a P/E ratio of -2.29 and a beta of 0.63.

PeakShares Sector Rotation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Tuesday, December 16th were issued a $0.3912 dividend. 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 5.4%. The ex-dividend date was Tuesday, December 16th. PeakShares Sector Rotation ETF’s dividend payout ratio is -11.39%.

Institutional Investors Weigh In On PeakShares Sector Rotation ETF

An institutional investor recently bought a new position in PeakShares Sector Rotation ETF stock. Mosley Wealth Management purchased a new stake in shares of PeakShares Sector Rotation ETF (NASDAQ:PSTRFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 42,899 shares of the company’s stock, valued at approximately $1,230,000. Mosley Wealth Management owned 2.33% of PeakShares Sector Rotation ETF at the end of the most recent reporting period.

PeakShares Sector Rotation ETF Company Profile

(Get Free Report)

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.

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