Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Sets New 12-Month High – Here’s Why

Wahed FTSE USA Shariah ETF (NASDAQ:HLALGet Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $72.32 and last traded at $72.12, with a volume of 40660 shares traded. The stock had previously closed at $72.09.

Wahed FTSE USA Shariah ETF Stock Up 0.6%

The stock has a market cap of $897.43 million, a PE ratio of 26.06 and a beta of 1.01. The stock has a 50-day moving average of $65.46 and a 200 day moving average of $63.38.

Wahed FTSE USA Shariah ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Thursday, March 26th were given a dividend of $0.077 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.31 dividend on an annualized basis and a yield of 0.4%.

Hedge Funds Weigh In On Wahed FTSE USA Shariah ETF

An institutional investor recently bought a new position in Wahed FTSE USA Shariah ETF stock. Strategic Blueprint LLC acquired a new position in shares of Wahed FTSE USA Shariah ETF (NASDAQ:HLALFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,242 shares of the company’s stock, valued at approximately $201,000.

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.

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