Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Trading Down 1.8% – Time to Sell?

Posted by Geri Gentry on Jul 17th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) shares traded down 1.8% during trading on Thursday . The company traded as low as $35.92 and last traded at $36.11. 32,035 shares changed hands during trading, a decline of 37% from the average daily volume of 51,253 shares. The stock had previously closed at $36.76.

Wahed Dow Jones Islamic World ETF Stock Down 1.8%

The firm has a market capitalization of $281.66 million, a P/E ratio of 23.30 and a beta of 1.03. The business’s 50 day moving average is $37.73 and its two-hundred day moving average is $34.21.

Wahed Dow Jones Islamic World ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.004 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.02 annualized dividend and a yield of 0.0%.

Institutional Trading of Wahed Dow Jones Islamic World ETF

A hedge fund recently raised its stake in Wahed Dow Jones Islamic World ETF stock. Farther Finance Advisors LLC increased its stake in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 44.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,162 shares of the company’s stock after acquiring an additional 7,475 shares during the period. Farther Finance Advisors LLC owned approximately 0.38% of Wahed Dow Jones Islamic World ETF worth $715,000 at the end of the most recent reporting period.

Wahed Dow Jones Islamic World ETF Company Profile

(Get Free Report)

The Wahed Dow Jones Islamic World ETF (UMMA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of global ex-US securities that are determined to be Shariah-compliant based on business activities and accounting criteria. Holdings are also screened to assess ESG risks. UMMA was launched on Jan 7, 2022 and is managed by Wahed.