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

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) shot up 0% on Friday . 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 Trading Up 0.0%

The stock has a market capitalization of $8.29 million, a price-to-earnings ratio of -51.79 and a beta of 0.96. The company has a fifty day moving average of $33.14 and a two-hundred day moving average of $33.25.

Institutional Trading of 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 position in shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 currently 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.