First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Up 1.5% – Here’s What Happened

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

First Trust DorseyWright DALI 1 ETF Price Performance

The firm has a market capitalization of $110.00 million, a PE ratio of 6.12 and a beta of 0.75. The firm has a fifty day moving average price of $26.51 and a 200 day moving average price of $25.12.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.0188 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust DorseyWright DALI 1 ETF stock. Strid Group LLC increased its stake in shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 1.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. 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 approximately 13.9% of Strid Group LLC’s portfolio, making the stock its 3rd largest position. Strid Group LLC owned about 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 as of its most recent SEC filing.

About First Trust DorseyWright DALI 1 ETF

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.