Wahed Dow Jones Islamic World ETF (UMMA) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $26.30 to $26.51
• 50-Day Range: $25.55 to $27.16
• 52-Week Range: $20.85 to $27.21
• Volume: 21,261 shs
• Average Volume: 36,496 shs
• Market Capitalization: $153.29 million
• Assets Under Management: $156.49 million
• Dividend Yield: 0.79%
• Net Expense Ratio: 0.65%
• Aggregate Rating: Buy

UMMA ETF - Frequently Asked Questions

How have UMMA shares performed this year?

Wahed Dow Jones Islamic World ETF's stock was trading at $23.64 at the beginning of the year. Since then, UMMA shares have increased by 11.8% and is now trading at $26.43.

Who are Wahed Dow Jones Islamic World ETF's major shareholders?

Wahed Dow Jones Islamic World ETF's top institutional investors include Farther Finance Advisors LLC (0.29%).

How do I buy shares of Wahed Dow Jones Islamic World ETF?

Shares of UMMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Wahed Dow Jones Islamic World ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wahed Dow Jones Islamic World ETF investors own include First Solar (FSLR), Constellium (CSTM), CrowdStrike (CRWD), Cepton (CPTN), Crescent Point Energy (CPG), Cenntro (CENN) and Cabaletta Bio (CABA).

Fund Details

• Issuer: Wahed Invest
• Fund Name: Wahed Dow Jones Islamic World ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:UMMA
• Inception Date: 1/7/2022
• Fund Manager: Samim Abedi
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Blended Development
• Region: Global ex-U.S.
• Number of Holdings: 193

Fund Statistics

• Assets Under Management: $156.49 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.06%

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Wahed Invest, LLC
• Custodian: U.S. Bank, N.A.
• Distributor: Quasar Distributors, LLC
• Transfer Agent: U.S. Bancorp Fund Services, LLC
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: N/A
• Short Interest: 165,100 shs

Miscellaneous

• Outstanding Shares: 5,800,000
• Beta: 1.03
• Creation Unit: 50,000
• Creation Fee: $2,000.00