LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Stock Price Up 0% – What’s Next?

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) rose 0% on Friday . The company traded as high as $33.15 and last traded at $33.1450. Approximately 852 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 13,008 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 PE ratio of -51.79 and a beta of 0.96. The business has a 50-day moving average price of $33.35 and a two-hundred day moving average price of $32.56.

LeaderShares Activist Leaders ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, October 24th. Stockholders of record on Thursday, October 23rd were given a dividend of $0.4243 per share. This represents a dividend yield of 128.0%. The ex-dividend date was Thursday, October 23rd. LeaderShares Activist Leaders ETF’s dividend payout ratio is presently -106.25%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LeaderShares Activist Leaders ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,516 shares of the company’s stock, valued at approximately $423,000. Flow Traders U.S. LLC owned about 5.01% of LeaderShares Activist Leaders ETF at the end of the most recent quarter. 26.06% of the stock is owned by institutional investors.

About LeaderShares Activist Leaders ETF

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.