First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Up 0.1% – Time to Buy?

Posted by Xavier Holt on Nov 9th, 2024

Shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Get Free Report) traded up 0.1% on Friday . The company traded as high as $26.83 and last traded at $26.83. 1,768 shares were traded during trading, a decline of 88% from the average session volume of 14,481 shares. The stock had previously closed at $26.81.

First Trust DorseyWright DALI 1 ETF Price Performance

The company’s 50-day moving average price is $25.01 and its two-hundred day moving average price is $24.24. The company has a market capitalization of $112.69 million, a P/E ratio of 6.12 and a beta of 0.75.

First Trust DorseyWright DALI 1 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.0241 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.36%. This is an increase from First Trust DorseyWright DALI 1 ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust DorseyWright DALI 1 ETF stock. Strid Group LLC boosted its stake in shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Free Report) by 1.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,617,239 shares of the company’s stock after buying an additional 58,974 shares during the quarter. First Trust DorseyWright DALI 1 ETF makes up approximately 13.9% of Strid Group LLC’s portfolio, making the stock its 3rd biggest position. Strid Group LLC owned 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 as of its most recent SEC filing.

First Trust DorseyWright DALI 1 ETF Company Profile

(Get Free Report)

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.