First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 400 shares, a growth of 33.3% from the March 31st total of 300 shares. Based on an average daily volume of 25,400 shares, the days-to-cover ratio is currently 0.0 days.
First Trust NASDAQ ABA Community Bank Index Fund Price Performance
Shares of NASDAQ QABA traded down $0.21 during trading hours on Friday, reaching $44.75. The stock had a trading volume of 6,096 shares, compared to its average volume of 25,217. The business's fifty day moving average is $44.84 and its two-hundred day moving average is $44.91. The company has a market cap of $69.36 million, a price-to-earnings ratio of 12.25 and a beta of 1.29. First Trust NASDAQ ABA Community Bank Index Fund has a twelve month low of $34.59 and a twelve month high of $51.39.
First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.2733 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.44%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter worth $1,266,000. Luken Investment Analytics LLC raised its stake in First Trust NASDAQ ABA Community Bank Index Fund by 67.2% during the first quarter. Luken Investment Analytics LLC now owns 202,109 shares of the company's stock worth $9,406,000 after acquiring an additional 81,260 shares in the last quarter. Raymond James & Associates acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter worth $209,000. Nilsine Partners LLC acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund during the first quarter worth $1,096,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter worth $302,000.
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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