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

LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) were up 0% during mid-day trading on Wednesday . The stock traded as high as $33.15 and last traded at $33.1450. Approximately 852 shares traded hands during mid-day 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 firm has a market cap of $8.29 million, a price-to-earnings ratio of -51.79 and a beta of 0.96. The stock has a 50-day moving average of $33.14 and a 200-day moving average of $33.15.

Hedge Funds Weigh In On LeaderShares Activist Leaders ETF

A hedge fund recently bought a new stake in LeaderShares Activist Leaders ETF stock. Flow Traders U.S. LLC acquired a new stake in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 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 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.