First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI) Stock Price Down 0% – What’s Next?

First Trust Dorsey Wright DALI Equity ETF (NASDAQ:DALI)’s stock price fell 0% on Monday . The stock traded as low as $26.86 and last traded at $26.88. 4,815 shares were traded during trading, a decline of 17% from the average session volume of 5,790 shares. The stock had previously closed at $26.89.

First Trust Dorsey Wright DALI Equity ETF Stock Performance

The firm has a market cap of $112.90 million, a PE ratio of 20.39 and a beta of 0.75. The firm has a fifty day simple moving average of $25.86 and a two-hundred day simple moving average of $25.30.

First Trust Dorsey Wright DALI Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a $0.0248 dividend. This is a positive change from First Trust Dorsey Wright DALI Equity ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 26th. This represents a $0.10 dividend on an annualized basis and a yield of 0.37%.

Hedge Funds Weigh In On First Trust Dorsey Wright DALI Equity ETF

Large investors have recently modified their holdings of the stock. Strid Group LLC increased its position in shares of First Trust Dorsey Wright DALI Equity ETF by 1.8% during the 1st quarter. Strid Group LLC now owns 3,669,540 shares of the company’s stock valued at $87,885,000 after purchasing an additional 65,296 shares during the last quarter. LPL Financial LLC boosted its stake in First Trust Dorsey Wright DALI Equity ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 86,262 shares of the company’s stock valued at $2,226,000 after acquiring an additional 1,545 shares during the period. Raymond James Financial Inc. purchased a new position in shares of First Trust Dorsey Wright DALI Equity ETF during the 4th quarter valued at $457,000. Finally, Harvest Investment Services LLC bought a new stake in shares of First Trust Dorsey Wright DALI Equity ETF in the 4th quarter valued at approximately $376,000.

First Trust Dorsey Wright DALI Equity ETF Company Profile

The First Trust Dorsey Wright DALI 1 ETF (DALI) is an exchange-traded fund that is based on the Nasdaq Dorsey Wright DALI1 index. The fund tracks an index that uses momentum indicators to rotate between asset classes. The fund holds a single asset class at a time and uses other First Trust ETFs for exposure.