Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Trading 1.2% Higher – What’s Next?

Posted by ABMN Staff on May 29th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) shares traded up 1.2% during trading on Thursday . The company traded as high as $38.37 and last traded at $38.15. 37,296 shares changed hands during trading, a decline of 24% from the average session volume of 49,089 shares. The stock had previously closed at $37.68.

Wahed Dow Jones Islamic World ETF Trading Up 1.2%

The company has a market cap of $268.96 million, a price-to-earnings ratio of 23.30 and a beta of 1.02. The stock has a 50-day simple moving average of $33.73 and a 200 day simple moving average of $31.83.

Wahed Dow Jones Islamic World ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Thursday, March 26th were issued a $0.12 dividend. This is a boost from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.48 annualized dividend and a dividend yield of 1.3%.

Hedge Funds Weigh In On Wahed Dow Jones Islamic World ETF

An institutional investor recently raised its position in Wahed Dow Jones Islamic World ETF stock. Farther Finance Advisors LLC grew its stake in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 44.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,162 shares of the company’s stock after buying an additional 7,475 shares during the quarter. Farther Finance Advisors LLC owned 0.38% of Wahed Dow Jones Islamic World ETF worth $715,000 as of its most recent SEC filing.

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.