Wahed FTSE USA Shariah ETF (HLAL)

Market Cap: 485M

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

82% more capital invested

Capital invested by funds: $9.29M [Q4 2023] → $16.9M (+$7.63M) [Q1 2024]

35% more funds holding

Funds holding: 26 [Q4 2023] → 35 (+9) [Q1 2024]

1.32% more ownership

Funds ownership: 2.7% [Q4 2023] → 4.02% (+1.32%) [Q1 2024]