LeaderShares Activist Leaders ETF (ACTV)
LeaderShares Activist Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Novato, CA, US. The stock last traded at $33.14, down 0.01% on the session, giving a market capitalisation of $12.9M. Its beta of 1.09 implies it has historically moved more than the broad market.
The LeaderShares Activist Leaders ETF endeavors to achieve significant capital appreciation over an extended period. This actively managed exchange-traded fund (ETF) strategically invests in equity securities that are the focus of shareholder activist campaigns. These particular stock holdings are pinpointed using a proprietary quantitative system that tracks legally required "13D" filings submitted to the Securities and Exchange Commission (SEC). Per the Securities Exchange Act of 1934, any investor who acquires over 5% of a company's shares with the intent to influence management must file a Schedule 13D form with the SEC, revealing their identity and strategic goals for the acquisition.
LeaderShares Activist Leaders ETF is most often compared with the following Financial Services names: