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

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) traded up 0% during trading on Monday . The company traded as high as $33.15 and last traded at $33.1450. 852 shares traded hands 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 stock’s 50-day simple moving average is $33.16 and its 200-day simple moving average is $32.84. The firm has a market capitalization of $8.29 million, a PE ratio of -51.79 and a beta of 0.96.

LeaderShares Activist Leaders ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, October 24th. Shareholders of record on Thursday, October 23rd were given a dividend of $0.4243 per share. This represents a yield of 128.0%. The ex-dividend date of this dividend was Thursday, October 23rd. LeaderShares Activist Leaders ETF’s 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 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,516 shares of the company’s stock, valued at approximately $423,000. Flow Traders U.S. LLC owned approximately 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.

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.