Mosley Wealth Management raised its position in PeakShares Sector Rotation ETF (NASDAQ:PSTR – Free Report) by 6.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 706,488 shares of the company’s stock after buying an additional 40,659 shares during the period. PeakShares Sector Rotation ETF makes up 6.5% of Mosley Wealth Management’s portfolio, making the stock its biggest holding. Mosley Wealth Management owned about 0.33% of PeakShares Sector Rotation ETF worth $22,323,000 at the end of the most recent reporting period.
PeakShares Sector Rotation ETF Stock Performance
Shares of NASDAQ:PSTR traded down $0.27 during midday trading on Friday, hitting $31.33. 6,475 shares of the stock were exchanged, compared to its average volume of 3,837. The stock has a market capitalization of $66.11 million, a price-to-earnings ratio of -2.49 and a beta of 0.65. The business’s 50-day moving average price is $31.78 and its 200 day moving average price is $30.87. PeakShares Sector Rotation ETF has a 12 month low of $27.18 and a 12 month high of $32.35.
PeakShares Sector Rotation ETF Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Wednesday, September 23rd were given a dividend of $0.4008 per share. The ex-dividend date was Wednesday, September 23rd. This represents a $1.60 annualized dividend and a yield of 5.1%. This is a boost from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.3850. PeakShares Sector Rotation ETF’s dividend payout ratio is -12.18%.
About PeakShares Sector Rotation ETF
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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