First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) Trading Up 1.5% – Time to Buy?

First Trust DorseyWright DALI 1 ETF (NASDAQ:DALI) shares shot up 1.5% on Friday . The company traded as high as $26.19 and last traded at $26.19. 2,927 shares were traded during trading, an increase of 39% from the average session volume of 2,113 shares. The stock had previously closed at $25.81.

First Trust DorseyWright DALI 1 ETF Stock Up 1.5 %

The company has a 50 day moving average of $26.51 and a 200 day moving average of $25.12. The firm has a market cap of $110.00 million, a price-to-earnings ratio of 6.12 and a beta of 0.75.

First Trust DorseyWright DALI 1 ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.0188 per share. 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 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 acquiring an additional 58,974 shares during the quarter. First Trust DorseyWright DALI 1 ETF comprises about 13.9% of Strid Group LLC’s investment portfolio, making the stock its 3rd largest holding. Strid Group LLC owned about 86.12% of First Trust DorseyWright DALI 1 ETF worth $91,191,000 at the end of the most recent reporting period.

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.