First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report)'s share price shot up 1.5% on Wednesday . The stock traded as high as $57.08 and last traded at $56.96. 26,237 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 45,407 shares. The stock had previously closed at $56.10.
First Trust NASDAQ ABA Community Bank Index Fund Price Performance
The firm has a market capitalization of $129.35 million, a PE ratio of 13.22 and a beta of 0.92. The stock's 50-day moving average price is $53.17 and its 200 day moving average price is $53.63.
First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a dividend of $0.2781 per share. The ex-dividend date was Thursday, June 26th. This represents a $1.11 annualized dividend and a yield of 1.93%.
Institutional Investors Weigh In On First Trust NASDAQ ABA Community Bank Index Fund
A number of institutional investors have recently made changes to their positions in the stock. Greenwich Wealth Management LLC grew its position in First Trust NASDAQ ABA Community Bank Index Fund by 1.9% in the 4th quarter. Greenwich Wealth Management LLC now owns 13,517 shares of the company's stock valued at $751,000 after buying an additional 250 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 9.3% during the 1st quarter. Cetera Investment Advisers now owns 6,200 shares of the company's stock worth $324,000 after purchasing an additional 530 shares during the period. Baird Financial Group Inc. grew its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 11.8% during the 1st quarter. Baird Financial Group Inc. now owns 6,038 shares of the company's stock worth $316,000 after purchasing an additional 636 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in First Trust NASDAQ ABA Community Bank Index Fund by 11.4% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,805 shares of the company's stock valued at $408,000 after acquiring an additional 796 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in First Trust NASDAQ ABA Community Bank Index Fund by 3.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 45,452 shares of the company's stock valued at $2,376,000 after acquiring an additional 1,470 shares in the last quarter.
About First Trust NASDAQ ABA Community Bank Index Fund
(
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The First Trust NASDAQ ABA Community Bank Index Fund (QABA) is an exchange-traded fund that is based on the NASDAQ OMX ABA Community Bank index. The fund tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest. QABA was launched on Jun 29, 2009 and is managed by First Trust.
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