First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Trading Down 0.2% - Here's Why

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report)'s stock price fell 0.2% during trading on Thursday . The stock traded as low as $55.48 and last traded at $56.05. 158,325 shares traded hands during trading, an increase of 200% from the average session volume of 52,732 shares. The stock had previously closed at $56.15.

First Trust NASDAQ ABA Community Bank Index Fund Stock Up 0.7 %

The stock has a market capitalization of $129.88 million, a PE ratio of 12.90 and a beta of 0.92. The business's 50-day moving average is $58.53 and its two-hundred day moving average is $54.49.

First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.3361 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the 4th quarter worth $389,000. Signet Financial Management LLC lifted its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 25.7% in the 4th quarter. Signet Financial Management LLC now owns 11,661 shares of the company's stock worth $648,000 after acquiring an additional 2,386 shares during the period. Virtu Financial LLC acquired a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund in the 3rd quarter worth $797,000. International Assets Investment Management LLC boosted its holdings in shares of First Trust NASDAQ ABA Community Bank Index Fund by 5,188.7% in the third quarter. International Assets Investment Management LLC now owns 16,395 shares of the company's stock valued at $867,000 after acquiring an additional 16,085 shares in the last quarter. Finally, Stifel Financial Corp acquired a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund during the third quarter worth about $1,099,000.

First Trust NASDAQ ABA Community Bank Index Fund Company Profile

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.