PeakShares Sector Rotation ETF (NASDAQ:PSTR) Plans Quarterly Dividend of $0.40

PeakShares Sector Rotation ETF (NASDAQ:PSTR) announced a quarterly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be given a dividend of 0.4008 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 4.1% increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.39.

PeakShares Sector Rotation ETF Trading Down 1.4%

NASDAQ PSTR opened at $31.56 on Wednesday. PeakShares Sector Rotation ETF has a 12 month low of $27.18 and a 12 month high of $32.35. The company’s 50-day moving average price is $31.64 and its 200-day moving average price is $30.53. The stock has a market cap of $66.28 million, a PE ratio of -2.55 and a beta of 0.64.

Institutional Investors Weigh In On PeakShares Sector Rotation ETF

A hedge fund recently bought a new stake in PeakShares Sector Rotation ETF stock. Mosley Wealth Management purchased a new stake in PeakShares Sector Rotation ETF (NASDAQ:PSTR) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 42,899 shares of the company’s stock, valued at approximately $1,230,000. Mosley Wealth Management owned approximately 2.33% of PeakShares Sector Rotation ETF as of its most recent filing with the SEC.

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.