PeakShares Sector Rotation ETF (NASDAQ:PSTR) Stock Price Down 0.6% – Time to Sell?

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

PeakShares Sector Rotation ETF Stock Down 0.6%

The stock has a fifty day simple moving average of $31.01 and a 200-day simple moving average of $30.08. The company has a market capitalization of $65.92 million, a P/E ratio of -2.55 and a beta of 0.64.

PeakShares Sector Rotation ETF Announces Dividend

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

Institutional Trading of PeakShares Sector Rotation ETF

An institutional investor recently bought a new position in PeakShares Sector Rotation ETF stock. Mosley Wealth Management bought a new stake in PeakShares Sector Rotation ETF (NASDAQ:PSTRFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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.

About PeakShares Sector Rotation ETF

(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

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