Shares of First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA - Get Free Report) dropped 1.3% during trading on Friday . The company traded as low as $57.70 and last traded at $58.36. Approximately 155,563 shares changed hands during trading, an increase of 177% from the average daily volume of 56,187 shares. The stock had previously closed at $59.13.
First Trust NASDAQ ABA Community Bank Index Fund Price Performance
The company's 50-day simple moving average is $57.18 and its two-hundred day simple moving average is $55.49. The firm has a market capitalization of $129.12 million, a P/E ratio of 12.90 and a beta of 0.92.
First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.3361 dividend. The ex-dividend date of this dividend was Friday, December 13th.
Hedge Funds Weigh In On First Trust NASDAQ ABA Community Bank Index Fund
Hedge funds have recently made changes to their positions in the business. Private Trust Co. NA lifted its position in shares of First Trust NASDAQ ABA Community Bank Index Fund by 290.5% in the fourth quarter. Private Trust Co. NA now owns 660 shares of the company's stock worth $37,000 after buying an additional 491 shares in the last quarter. Blueprint Investment Partners LLC purchased a new position in First Trust NASDAQ ABA Community Bank Index Fund in the 4th quarter worth about $225,000. Simplicity Wealth LLC bought a new position in First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter worth approximately $225,000. WMG Financial Advisors LLC boosted its stake in shares of First Trust NASDAQ ABA Community Bank Index Fund by 27.5% during the fourth quarter. WMG Financial Advisors LLC now owns 5,627 shares of the company's stock valued at $313,000 after purchasing an additional 1,214 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter valued at about $389,000.
First Trust NASDAQ ABA Community Bank Index Fund Company Profile
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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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