November 23, 2016 - By kentuckypostne · 0 Comments
Nov 23 is a positive day so far for First Trust NASDAQ ABA Community Bk ETF (NASDAQ:QABA) as the ETF is active during the day after gaining 0.6% to hit $49.98 per share. The exchange traded fund has 294.50M net assets and 1.53% volatility this month.
Over the course of the day 111,364 shares traded hands, as compared to an average volume of 29,590 over the last 30 days for First Trust NASDAQ ABA Community Bk ETF (NASDAQ:QABA).
The ETF is 2.72% of its 52-Week High and 45.46% of its low, and is currently having ATR of 0.83. This year’s performance is 20.91% while this quarter’s performance is 16.83%.
The ETF’s YTD performance is 7.7%, the 1 year is 7.1% and the 3 year is 8.75%.
The ETF’s average P/E ratio is 16.78, the price to book is 1.38, the price to sales is 4.12 and the price to cashflow is 12.03. It was started on 07/01/2009. The fund’s top holdings are: Signature Bank for 3.41% of assets, East West Bancorp Inc. for 3.00%, PacWest Bancorp for 2.75%, TFS Financial Corporation for 2.68%, Commerce Bancshares Inc. for 2.53%, BOK Financial Corporation for 2.46%, Bank of the Ozarks for 2.36%, Investors Bancorp Inc. for 2.00%, Popular Inc. for 1.98%, PrivateBancorp Inc. for 1.89%. The ETF sector weights are: Financial Services 99.68%, Industrials 0.32%. The ETF currently as 1.38% yield.
More notable recent First Trust NASDAQ ABA Comm Bnk Indx Fnd (NASDAQ:QABA) news were published by: Businesswire.com which released: “First Trust has Cross-Listed Three Additional ETFs in Mexico” on April 21, 2016, also Thestreet.com with their article: “Home Construction Is Weak, Could Hit Community Banks Soon” published on November 02, 2016, Etftrends.com published: “This Small Bank ETF Holds Fed Clues” on June 05, 2015. More interesting news about First Trust NASDAQ ABA Comm Bnk Indx Fnd (NASDAQ:QABA) were released by: Etftrends.com and their article: “Fed Could Provide Small Bank ETFs a Helping Hand” published on September 28, 2016 as well as Etftrends.com‘s news article titled: “Small-Cap Bank ETFs Shine as Wall Street Languishes” with publication date: July 26, 2016.
First Trust NASDAQ ABA Community Bank Index Fund seeks investment results that correspond to the price and yield of an equity index called the NASDAQ OMX ABA Community Bank Index . The company has a market cap of $294.50 million. The index is a market capitalization-weighted index that includes the common stock of all NASDAQ listed banks and thrifts or their holding companies that are designated as banks by the industry classification benchmark, but excluding any of the 50 largest banks or thrifts and their holding companies based on asset size as determined by the most recently available call report data as compiled by the FDIC, and any banks or thrifts classified as having an international specialization or a credit-card specialization as determined by the most recently available call report data as compiled by the FDIC, provided that such institutions constitute the majority of assets if in a holding company. It currently has negative earnings.
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