Wahed FTSE USA Shariah ETF (NASDAQ:HLAL) Hits New 12-Month High – Here’s What Happened

Wahed FTSE USA Shariah ETF (NASDAQ:HLALGet Free Report) reached a new 52-week high on Wednesday . The company traded as high as $68.42 and last traded at $68.33, with a volume of 71087 shares. The stock had previously closed at $67.20.

Wahed FTSE USA Shariah ETF Price Performance

The company has a market capitalization of $838.41 million, a price-to-earnings ratio of 26.06 and a beta of 1.01. The firm has a fifty day simple moving average of $62.34 and a 200 day simple moving average of $62.16.

Wahed FTSE USA Shariah ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Thursday, March 26th were paid a $0.077 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.31 dividend on an annualized basis and a yield of 0.5%.

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 stake in shares of Wahed FTSE USA Shariah ETF (NASDAQ:HLALFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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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