LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Shares Up 0% – Still a Buy?

LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) shares shot up 0% on Thursday . The company traded as high as $33.15 and last traded at $33.1450. 852 shares were traded during mid-day trading, a decline of 93% from the average session volume of 13,008 shares. The stock had previously closed at $33.14.

LeaderShares Activist Leaders ETF Stock Performance

The firm has a market capitalization of $8.29 million, a price-to-earnings ratio of -51.79 and a beta of 0.96. The business has a fifty day moving average price of $33.14 and a 200 day moving average price of $33.15.

Hedge Funds Weigh In On LeaderShares Activist Leaders ETF

An institutional investor 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) in the third quarter, according to the company in its most recent filing with the 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 filing with the SEC. 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.