Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA) Shares Up 1.2% – Still a Buy?

Posted by Mitch Edgeman on May 30th, 2026

Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Get Free Report) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $38.37 and last traded at $38.15. 37,296 shares were traded 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 Price Performance

The firm’s 50-day moving average is $33.87 and its 200-day moving average is $31.88. The company has a market capitalization of $270.23 million, a P/E ratio of 23.30 and a beta of 1.02.

Wahed Dow Jones Islamic World ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Thursday, March 26th were given a $0.12 dividend. The ex-dividend date was Thursday, March 26th. This is an increase from Wahed Dow Jones Islamic World ETF’s previous quarterly dividend of $0.00. This represents a $0.48 dividend on an annualized basis 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 position in Wahed Dow Jones Islamic World ETF (NASDAQ:UMMA – Free Report) by 44.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,162 shares of the company’s stock after purchasing an additional 7,475 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.38% of Wahed Dow Jones Islamic World ETF worth $715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.