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

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) were up 0% during trading on Thursday . The stock traded as high as $33.15 and last traded at $33.1450. 852 shares were traded during trading, a decline of 83% from the average daily volume of 5,028 shares. The stock had previously closed at $33.14.

LeaderShares Activist Leaders ETF Price Performance

The firm has a market cap of $8.29 million, a price-to-earnings ratio of -51.79 and a beta of 0.96. The firm’s fifty day moving average is $33.14 and its two-hundred day moving average is $33.15.

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 bought a new position in shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,516 shares of the company’s stock, valued at approximately $423,000. Flow Traders U.S. LLC owned 5.01% of LeaderShares Activist Leaders ETF as of its most recent SEC filing. Hedge funds and other institutional investors own 26.06% of the company’s stock.

LeaderShares Activist Leaders ETF Company Profile

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.