PeakShares Sector Rotation ETF $PSTR Shares Bought by Mosley Wealth Management

Mosley Wealth Management lifted its stake in shares of PeakShares Sector Rotation ETF (NASDAQ:PSTR) by 6.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 706,488 shares of the company’s stock after purchasing an additional 40,659 shares during the quarter. PeakShares Sector Rotation ETF accounts for about 6.5% of Mosley Wealth Management’s portfolio, making the stock its largest position. Mosley Wealth Management owned about 33.48% of PeakShares Sector Rotation ETF worth $22,323,000 as of its most recent filing with the Securities and Exchange Commission.

PeakShares Sector Rotation ETF Trading Down 0.9%

PeakShares Sector Rotation ETF stock traded down $0.27 during mid-day trading on Friday, reaching $31.33. The company had a trading volume of 6,475 shares, compared to its average volume of 3,837. PeakShares Sector Rotation ETF has a fifty-two week low of $27.18 and a fifty-two week high of $32.35. The company has a market cap of $66.11 million, a P/E ratio of -2.49 and a beta of 0.65. The business has a fifty day simple moving average of $31.78 and a 200 day simple moving average of $30.87.

PeakShares Sector Rotation ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 23rd were issued a dividend of $0.4008 per share. This represents a $1.60 annualized dividend and a dividend yield of 5.1%. This is a boost from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.3850. The ex-dividend date was Wednesday, September 23rd. PeakShares Sector Rotation ETF’s dividend payout ratio (DPR) is currently -12.18%.

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.