QABA
Closed
First Trust Nasdaq® Aba Community Bank Index Fund
56.045
+1.845 (+3.40%)
Last Update: 01 Jul 2025 23:15:00
Yesterday: 54.2
Day's Range: 53.89 - 56.465
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When Written:
42.99
The First Trust NASDAQ® ABA Community Bank Index Fund is an exchange-traded fund (ETF) that tracks the performance of the NASDAQ OMX ABA Community Bank Index. This index is comprised of community banks and thrifts listed on the NASDAQ stock exchange that have a market capitalization of less than $5 billion.
The ETF was launched on November 3, 2006, and is managed by First Trust Advisors. Its ticker symbol is QABA. The fund seeks to provide investors with exposure to the performance of community banks and thrifts in the United States.
The ETF has a total net asset value of approximately $300 million and holds a portfolio of around 150 community banks and thrifts. The top holdings of the fund include Eagle Bancorp, Inc., Independent Bank Corp., and First Financial Bankshares, Inc.
Investors in the First Trust NASDAQ® ABA Community Bank Index Fund can benefit from the potential growth and income opportunities offered by community banks and thrifts, which are often smaller and more regionally focused than larger national banks. However, investors should also be aware of the potential risks associated with investing in smaller, less diversified banks, such as greater volatility and potential credit risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF was launched on November 3, 2006, and is managed by First Trust Advisors. Its ticker symbol is QABA. The fund seeks to provide investors with exposure to the performance of community banks and thrifts in the United States.
The ETF has a total net asset value of approximately $300 million and holds a portfolio of around 150 community banks and thrifts. The top holdings of the fund include Eagle Bancorp, Inc., Independent Bank Corp., and First Financial Bankshares, Inc.
Investors in the First Trust NASDAQ® ABA Community Bank Index Fund can benefit from the potential growth and income opportunities offered by community banks and thrifts, which are often smaller and more regionally focused than larger national banks. However, investors should also be aware of the potential risks associated with investing in smaller, less diversified banks, such as greater volatility and potential credit risk.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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