LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Trading Down 0.6%

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) traded down 0.6% during mid-day trading on Thursday . The company traded as low as $32.41 and last traded at $32.70. 3,856 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 8,598 shares. The stock had previously closed at $32.88.

LeaderShares Activist Leaders ETF Trading Down 0.6 %

The business’s fifty day moving average price is $33.63 and its 200 day moving average price is $31.98. The company has a market capitalization of $83.37 million, a P/E ratio of 17.53 and a beta of 1.06.

Institutional Investors Weigh In On LeaderShares Activist Leaders ETF

A hedge fund recently raised its stake in LeaderShares Activist Leaders ETF stock. Redwood Investment Management LLC lifted its holdings in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,483,128 shares of the company’s stock after acquiring an additional 25,553 shares during the quarter. LeaderShares Activist Leaders ETF makes up approximately 4.5% of Redwood Investment Management LLC’s holdings, making the stock its 4th largest holding. Redwood Investment Management LLC owned about 46.79% of LeaderShares Activist Leaders ETF worth $49,512,000 at the end of the most recent quarter.

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.