LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Trading 0% Higher – Should You Buy?

by · The Markets Daily

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTVGet Free Report) were up 0% during trading on Wednesday . The company traded as high as $33.15 and last traded at $33.1450. Approximately 852 shares changed hands during trading, a decline of 83% from the average session volume of 5,028 shares. The stock had previously closed at $33.14.

LeaderShares Activist Leaders ETF Trading Up 0.0%

The company’s fifty day moving average is $33.14 and its 200 day moving average is $33.15. The company has a market capitalization of $8.29 million, a P/E ratio of -51.79 and a beta of 0.96.

Hedge Funds Weigh In On LeaderShares Activist Leaders ETF

A hedge fund recently bought a new position in LeaderShares Activist Leaders ETF stock. Flow Traders U.S. LLC purchased a new stake in LeaderShares Activist Leaders ETF (NYSEARCA:ACTVFree Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,516 shares of the company’s stock, valued at approximately $423,000. Flow Traders U.S. LLC owned approximately 5.01% of LeaderShares Activist Leaders ETF as of its most recent filing with the Securities & Exchange Commission. 26.06% of the stock is currently owned by institutional investors and hedge funds.

About LeaderShares Activist Leaders ETF

(Get Free Report)

The LeaderShares Activist Leaders ETF (ACTV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equity securities that are the target of shareholder activism. ACTV was launched on Oct 27, 2020 and is managed by LeaderShares.

Further Reading