First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Up 1.5% – Still a Buy?

Shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) traded up 1.5% on Friday . The stock traded as high as $26.19 and last traded at $26.19. 2,927 shares were traded during trading, an increase of 39% from the average session volume of 2,113 shares. The stock had previously closed at $25.81.

First Trust DorseyWright DALI 1 ETF Price Performance

The business has a 50 day simple moving average of $26.51 and a 200-day simple moving average of $25.11. The stock has a market capitalization of $110.00 million, a price-to-earnings ratio of 6.12 and a beta of 0.75.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.0188 dividend. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust DorseyWright DALI 1 ETF

A hedge fund recently raised its stake in First Trust DorseyWright DALI 1 ETF stock. Strid Group LLC lifted its position in shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 1.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,617,239 shares of the company’s stock after buying an additional 58,974 shares during the period. First Trust DorseyWright DALI 1 ETF comprises about 13.9% of Strid Group LLC’s investment portfolio, making the stock its 3rd largest holding. Strid Group LLC owned 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 at the end of the most recent reporting period.

First Trust DorseyWright DALI 1 ETF Company Profile

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.