First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Trading 1.5% Higher – Here’s What Happened

Shares of First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) rose 1.5% during trading on Friday . The company traded as high as $26.19 and last traded at $26.19. Approximately 2,927 shares were traded during mid-day 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 Trading Up 1.5 %

The stock has a market capitalization of $110.00 million, a P/E ratio of 6.12 and a beta of 0.75. The company has a fifty day simple moving average of $26.51 and a two-hundred day simple moving average of $25.11.

First Trust DorseyWright DALI 1 ETF Announces Dividend

The firm also recently disclosed 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 Inflows and Outflows

An institutional investor recently raised its position in First Trust DorseyWright DALI 1 ETF stock. Strid Group LLC grew its position 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 SEC. The firm owned 3,617,239 shares of the company’s stock after purchasing an additional 58,974 shares during the period. First Trust DorseyWright DALI 1 ETF comprises about 13.9% of Strid Group LLC’s portfolio, making the stock its 3rd largest position. Strid Group LLC owned approximately 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 at the end of the most recent reporting period.

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.