First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Stock Price Down 1.6% – Here’s Why

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

First Trust DorseyWright DALI 1 ETF Stock Down 0.2 %

The firm has a market capitalization of $113.27 million, a PE ratio of 6.12 and a beta of 0.75. The firm has a 50-day moving average price of $26.65 and a 200 day moving average price of $25.40.

First Trust DorseyWright DALI 1 ETF Dividend Announcement

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

Hedge Funds 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 lifted its holdings in First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,617,239 shares of the company’s stock after buying an additional 58,974 shares during the quarter. First Trust DorseyWright DALI 1 ETF accounts for 13.9% of Strid Group LLC’s portfolio, making the stock its 3rd biggest holding. Strid Group LLC owned 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 as of its most recent SEC filing.

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.