PeakShares Sector Rotation ETF (NASDAQ:PSTR – Get Free Report)’s stock price dropped 0.2% during trading on Wednesday . The stock traded as low as $29.41 and last traded at $29.41. Approximately 1,609 shares were traded during trading, a decline of 48% from the average daily volume of 3,067 shares. The stock had previously closed at $29.47.
PeakShares Sector Rotation ETF Stock Down 0.2%
The company’s fifty day moving average is $29.06 and its two-hundred day moving average is $28.59. The firm has a market capitalization of $54.11 million, a price-to-earnings ratio of -2.34 and a beta of 0.63.
PeakShares Sector Rotation ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Tuesday, December 16th were paid a $0.3912 dividend. This is an increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 5.3%. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is currently -11.39%.
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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