Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Sets New 1-Year High – Here’s What Happened

Wahed FTSE USA Shariah ETF (NASDAQ:HLALGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $66.43 and last traded at $66.37, with a volume of 18387 shares trading hands. The stock had previously closed at $65.85.

Wahed FTSE USA Shariah ETF Price Performance

The firm’s fifty day moving average price is $62.14 and its 200-day moving average price is $62.02. The firm has a market capitalization of $821.60 million, a P/E ratio of 26.06 and a beta of 0.98.

Wahed FTSE USA Shariah ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were issued a $0.077 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.31 annualized dividend and a dividend yield of 0.5%.

Institutional Trading of Wahed FTSE USA Shariah ETF

An institutional investor recently bought a new position in Wahed FTSE USA Shariah ETF stock. Murphy & Mullick Capital Management Corp bought a new stake in shares of Wahed FTSE USA Shariah ETF (NASDAQ:HLALFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $93,000.

Wahed FTSE USA Shariah ETF Company Profile

(Get Free Report)

The Wahed FTSE USA Shariah ETF (HLAL) is an exchange-traded fund that is based on the FTSE USA Shariah index, a principles-selected, market-cap-weighted index of US equities. HLAL was launched on Jul 16, 2019 and is managed by Wahed.

Further Reading

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