PeakShares Sector Rotation ETF (NASDAQ:PSTR) Stock Price Down 0.3% – Should You Sell?

PeakShares Sector Rotation ETF (NASDAQ:PSTR)’s share price were down 0.3% during trading on Wednesday . The stock traded as low as $31.80 and last traded at $31.8390. Approximately 167 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 3,884 shares. The stock had previously closed at $31.93.

PeakShares Sector Rotation ETF Stock Performance

The company has a market capitalization of $65.58 million, a PE ratio of -2.53 and a beta of 0.64. The company’s 50-day moving average is $31.48 and its 200 day moving average is $30.40.

PeakShares Sector Rotation ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.385 dividend. 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 presently -11.86%.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in PeakShares Sector Rotation ETF stock. Mosley Wealth Management bought a new position in PeakShares Sector Rotation ETF (NASDAQ:PSTR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 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 as of its most recent filing with the SEC.

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.