First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Up 1.3% – Should You Buy?

Posted by Editorial Team on Dec 14th, 2024

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Get Free Report)’s stock price rose 1.3% during mid-day trading on Wednesday . The stock traded as high as $27.31 and last traded at $27.28. Approximately 1,181 shares were traded during trading, a decline of 91% from the average daily volume of 13,386 shares. The stock had previously closed at $26.94.

First Trust DorseyWright DALI 1 ETF Trading Up 0.1 %

The firm has a 50 day moving average of $26.27 and a 200-day moving average of $24.85. The company has a market cap of $113.69 million, a P/E ratio of 6.12 and a beta of 0.75.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.0188 per share. The ex-dividend date is Friday, December 13th.

Hedge Funds Weigh In On First Trust DorseyWright DALI 1 ETF

An institutional investor recently raised its position in First Trust DorseyWright DALI 1 ETF stock. Strid Group LLC boosted its stake in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI – Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,617,239 shares of the company’s stock after purchasing an additional 58,974 shares during the quarter. First Trust DorseyWright DALI 1 ETF comprises approximately 13.9% of Strid Group LLC’s holdings, making the stock its 3rd largest holding. Strid Group LLC owned 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 as of its most recent filing with the Securities & Exchange Commission.

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.