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

LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) shares shot up 0% on Tuesday . The company traded as high as $33.15 and last traded at $33.1450. 852 shares changed hands during 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 company 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 price is $33.14 and its 200-day moving average price is $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 bought a new position in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 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.