Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Stock Price Down 1.8% – Here’s What Happened

Posted by James Quigley on Jul 18th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) shares were down 1.8% during trading on Thursday . The company traded as low as $35.92 and last traded at $36.11. 32,035 shares traded hands during trading, a decline of 37% from the average daily volume of 51,253 shares. The stock had previously closed at $36.76.

Wahed Dow Jones Islamic World ETF Price Performance

The stock has a fifty day moving average of $37.72 and a 200 day moving average of $34.22. The firm has a market capitalization of $278.77 million, a P/E 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 Friday, June 26th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.004 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, June 25th.

Hedge Funds Weigh In On Wahed Dow Jones Islamic World ETF

A hedge fund recently bought a new position in Wahed Dow Jones Islamic World ETF stock. Valeo Financial Advisors LLC acquired a new position in shares of Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,502 shares of the company’s stock, valued at approximately $336,000. Valeo Financial Advisors LLC owned about 0.11% of Wahed Dow Jones Islamic World ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Wahed Dow Jones Islamic World ETF Company Profile

(Get Free Report)

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. UMMA was launched on Jan 7, 2022 and is managed by Wahed.