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

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) were up 0% during trading on Friday . The company traded as high as $33.15 and last traded at $33.1450. Approximately 852 shares were traded during 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 Stock Performance

The company has a market capitalization of $8.29 million, a price-to-earnings ratio of -51.79 and a beta of 0.96. The business’s 50 day moving average price is $33.14 and its two-hundred day moving average price is $33.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LeaderShares Activist Leaders ETF stock. Flow Traders U.S. LLC purchased a new position in shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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.