Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Trading Down 0.5%

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMAGet Free Report)’s stock price was down 0.5% during mid-day trading on Wednesday . The stock traded as low as $22.97 and last traded at $23.00. Approximately 21,666 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 28,879 shares. The stock had previously closed at $23.12.

Wahed Dow Jones Islamic World ETF Price Performance

The firm has a fifty day simple moving average of $23.67 and a 200-day simple moving average of $22.25. The firm has a market cap of $78.18 million, a P/E ratio of 20.32 and a beta of 1.03.

Wahed Dow Jones Islamic World ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Thursday, March 28th were issued a $0.0599 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.06%.

Wahed Dow Jones Islamic World ETF Company Profile

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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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