Wahed Dow Jones Islamic World ETF (UMMA)

Market Cap: $109M

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

1.33% less ownership

Funds ownership: 8.21% [Q1] → 6.87% (-1.33%) [Q2]

7% less capital invested

Capital invested by funds: $7.03M [Q1] → $6.51M (-$521K) [Q2]

12% less funds holding

Funds holding: 17 [Q1] → 15 (-2) [Q2]

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4