LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Trading 0% Higher – What’s Next?

Shares of LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) traded up 0% on Thursday . The company traded as high as $33.15 and last traded at $33.1450. 852 shares traded hands during 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 Up 0.0%

The stock has a market capitalization of $8.29 million, a P/E ratio of -51.79 and a beta of 0.96. The company has a 50-day moving average price of $33.46 and a two-hundred day moving average price of $32.22.

LeaderShares Activist Leaders ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, October 24th. Investors of record on Thursday, October 23rd were issued 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 dividend payout ratio is -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 position in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,180 shares of the company’s stock, valued at approximately $673,000. Flow Traders U.S. LLC owned 1.11% of LeaderShares Activist Leaders ETF as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds 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.