Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report)’s stock price dropped 0.6% on Monday . The company traded as low as $26.44 and last traded at $26.46. Approximately 32,888 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 36,155 shares. The stock had previously closed at $26.63.
Wahed Dow Jones Islamic World ETF Stock Performance
The business’s 50 day moving average price is $26.37 and its two-hundred day moving average price is $25.27. The company has a market capitalization of $153.47 million, a price-to-earnings ratio of 23.30 and a beta of 1.03.
Wahed Dow Jones Islamic World ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Wednesday, June 25th were issued a $0.0083 dividend. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Wednesday, June 25th.
Institutional Investors Weigh In On Wahed Dow Jones Islamic World ETF
Wahed Dow Jones Islamic World ETF Company Profile
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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