Mosley Wealth Management Makes New $1.23 Million Investment in PeakShares Sector Rotation ETF $PSTR

Mosley Wealth Management purchased a new position in shares of PeakShares Sector Rotation ETF (NASDAQ:PSTR) in the fourth quarter, according to its most recent 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 2.33% of PeakShares Sector Rotation ETF at the end of the most recent quarter.

PeakShares Sector Rotation ETF Price Performance

PSTR stock opened at $30.86 on Friday. The stock has a market capitalization of $58.63 million, a PE ratio of -2.46 and a beta of 0.64. The company’s 50-day moving average is $30.09 and its 200-day moving average is $29.44. PeakShares Sector Rotation ETF has a 1 year low of $27.18 and a 1 year high of $31.42.

PeakShares Sector Rotation ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 23rd were given a dividend of $0.3594 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, March 23rd. PeakShares Sector Rotation ETF’s dividend payout ratio is -11.54%.

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.