First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Shares Down 0.2% – Time to Sell?

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) traded down 0.2% during mid-day trading on Thursday . The company 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 Trading Up 0.7 %

The firm has a 50-day moving average price of $58.46 and a 200-day moving average price of $54.56. The company has a market capitalization of $129.88 million, a price-to-earnings ratio of 12.90 and a beta of 0.92.

First Trust NASDAQ ABA Community Bank Index Fund Cuts Dividend

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

Hedge Funds Weigh In On First Trust NASDAQ ABA Community Bank Index Fund

Institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in First Trust NASDAQ ABA Community Bank Index Fund during the fourth quarter valued at $389,000. Signet Financial Management LLC lifted its holdings in shares of First Trust NASDAQ ABA Community Bank Index Fund by 25.7% during the fourth quarter. Signet Financial Management LLC now owns 11,661 shares of the company’s stock worth $648,000 after buying an additional 2,386 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of First Trust NASDAQ ABA Community Bank Index Fund during the 3rd quarter worth approximately $797,000. Stifel Financial Corp bought a new stake in First Trust NASDAQ ABA Community Bank Index Fund in the 3rd quarter valued at $1,099,000. Finally, International Assets Investment Management LLC lifted its stake in First Trust NASDAQ ABA Community Bank Index Fund by 5,188.7% during the third quarter. International Assets Investment Management LLC now owns 16,395 shares of the company’s stock worth $867,000 after purchasing an additional 16,085 shares during the period.

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.