PeakShares Sector Rotation ETF (NASDAQ:PSTR) Trading Down 0.6% – Should You Sell?

PeakShares Sector Rotation ETF (NASDAQ:PSTRGet Free Report) traded down 0.6% during trading on Monday . The stock traded as low as $31.93 and last traded at $32.00. Approximately 10,311 shares were traded during mid-day trading, an increase of 159% from the average session volume of 3,985 shares. The stock had previously closed at $32.20.

PeakShares Sector Rotation ETF Stock Up 0.1%

The company has a market capitalization of $65.98 million, a price-to-earnings ratio of -2.55 and a beta of 0.64. The stock’s 50-day simple moving average is $31.03 and its two-hundred day simple moving average is $30.09.

PeakShares Sector Rotation ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.385 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.54 dividend on an annualized basis and a dividend yield of 4.8%. PeakShares Sector Rotation ETF’s payout ratio is currently -11.86%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in PeakShares Sector Rotation ETF stock. Mosley Wealth Management acquired a new position in PeakShares Sector Rotation ETF (NASDAQ:PSTRFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 42,899 shares of the company’s stock, valued at approximately $1,230,000. Mosley Wealth Management owned about 2.33% of PeakShares Sector Rotation ETF at the end of the most recent quarter.

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.

Further Reading

Receive News & Ratings for PeakShares Sector Rotation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PeakShares Sector Rotation ETF and related companies with MarketBeat.com's FREE daily email newsletter.