Mosley Wealth Management Invests $1.23 Million in PeakShares Sector Rotation ETF $PSTR

Mosley Wealth Management acquired a new position in shares of PeakShares Sector Rotation ETF (NASDAQ:PSTR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,899 shares of the company’s stock, valued at approximately $1,230,000.

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.