Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report)’s stock price rose 1% during mid-day trading on Thursday . The stock traded as high as $24.31 and last traded at $24.29. Approximately 15,241 shares traded hands during trading, a decline of 43% from the average daily volume of 26,766 shares. The stock had previously closed at $24.04.
Wahed Dow Jones Islamic World ETF Trading Up 1.0 %
The firm has a market cap of $83.80 million, a PE ratio of 20.60 and a beta of 1.03. The business has a fifty day moving average price of $23.76 and a 200 day moving average price of $22.62.
Wahed Dow Jones Islamic World ETF Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Shareholders of record on Thursday, March 28th were paid a $0.0599 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.24 annualized dividend and a yield of 0.99%.
About Wahed Dow Jones Islamic World ETF
The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks.
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