First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA – Get Free Report)’s stock price rose 2.5% on Monday . The company traded as high as $54.07 and last traded at $53.83. Approximately 7,623 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 60,764 shares. The stock had previously closed at $52.54.
First Trust NASDAQ ABA Community Bank Index Fund Stock Down 0.2 %
The firm has a market cap of $117.41 million, a price-to-earnings ratio of 13.31 and a beta of 0.92. The stock’s 50 day moving average is $55.73 and its 200 day moving average is $56.05.
Institutional Trading of First Trust NASDAQ ABA Community Bank Index Fund
Several institutional investors have recently modified their holdings of the company. Wells Fargo & Company MN raised its position in First Trust NASDAQ ABA Community Bank Index Fund by 178.2% in the fourth quarter. Wells Fargo & Company MN now owns 109,794 shares of the company’s stock worth $6,099,000 after acquiring an additional 70,324 shares in the last quarter. LPL Financial LLC lifted its stake in First Trust NASDAQ ABA Community Bank Index Fund by 79.2% during the fourth quarter. LPL Financial LLC now owns 151,165 shares of the company’s stock valued at $8,398,000 after purchasing an additional 66,817 shares during the last quarter. Susquehanna International Group LLP bought a new stake in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter worth approximately $2,012,000. Independent Advisor Alliance acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund in the fourth quarter worth approximately $1,686,000. Finally, Stifel Financial Corp bought a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund in the third quarter valued at $1,099,000.
About First Trust NASDAQ ABA Community Bank Index Fund
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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