First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Down 1.6% – What’s Next?

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) traded down 1.6% during mid-day trading on Monday . The company traded as low as $26.69 and last traded at $26.73. 2,188 shares traded hands during trading, a decline of 19% from the average session volume of 2,718 shares. The stock had previously closed at $27.16.

First Trust DorseyWright DALI 1 ETF Trading Down 0.2 %

The firm has a 50-day simple moving average of $26.65 and a two-hundred day simple moving average of $25.40. The company has a market capitalization of $113.27 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 declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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 grew its stake in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm 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 makes up 13.9% of Strid Group LLC’s holdings, making the stock its 3rd biggest position. Strid Group LLC owned about 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

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.