First Trust NASDAQ ABA Community Bank Index Fund (QABA)

NASDAQ: QABA · IEX Real-Time Price · USD
57.20
+0.24 (0.42%)
Aug 16, 2022 10:33 AM EDT - Market open
0.42%
Assets $99.68M
NAV $56.96
Expense Ratio 0.60%
PE Ratio 12.07
Shares Out 1.75M
Dividend (ttm) $1.10
Dividend Yield 1.92%
Ex-Dividend Date Jun 24, 2022
1-Year Return +3.70%
Volume 1,731
Open 56.78
Previous Close 56.96
Day's Range 56.78 - 57.21
52-Week Low 47.90
52-Week High 63.67
Beta 0.98
Holdings 173
Inception Date Jun 29, 2009

About QABA

The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is designed to track the performance of small, mid and large capitalization companies that comprise the community banking industry.

Asset Class Equity
Sector Financial Services
Region North America
Issuer First Trust Portfolios
Stock Exchange NASDAQ
Ticker Symbol QABA
Index Tracked NASDAQ OMX ABA Community Bank Index

Top 10 Holdings

23.83% of assets
Name Symbol Weight
Commerce Bancshares CBSH 3.46%
First Financial Bankshares FFIN 2.59%
Pinnacle Financial Partners PNFP 2.58%
South State SSB 2.54%
Valley National Bancorp VLY 2.53%
United Bankshares UBSI 2.14%
Old National Bancorp ONB 2.07%
Bank OZK OZK 2.04%
Wintrust Financial WTFC 2.02%
UMB Financial UMBF 1.86%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 24, 2022 $0.2716 Jun 30, 2022
Mar 25, 2022 $0.265 Mar 31, 2022
Dec 23, 2021 $0.3168 Dec 31, 2021
Sep 23, 2021 $0.2426 Sep 30, 2021
Jun 24, 2021 $0.2245 Jun 30, 2021
Mar 25, 2021 $0.2069 Mar 31, 2021
Full Dividend History

News

Financial ETFs Could Bank on Bread-and-Butter, Deposit-and-Loans Business

Banks could hold off on raising interest payments on deposits if the Federal Reserve hikes rates, potentially further bolstering their bread-and-butter businesses and supporting the outlook on financial...

Financial ETFs Could Gain Momentum as Rates Rise Ahead

Financial sector-related exchange traded funds could outperform this year as their bread-and-butter business could support higher growth with the Federal Reserve prepping multiple interest rate hikes. A...

Financial Sector ETFs Could Ease Into a New Normal

Trading revenues among Wall Street banks surged during the height of the trading spree amidst the heightened volatility during the pandemic recovery. However, financial sector-related exchange traded fu...

Look to Financial ETFs as Rates Rise in 2022

As rates rise, investors should consider banks and financial sector-related exchange traded funds. The S&P 500 financials sector is already outperforming in the new year, rising 5.4% last week over the ...

My Favorite Bank Stocks in 2021

Tracey Ryniec shares the names of her favorite smaller banks as earnings are expected to move higher on the recovery.

Other symbols: BACJPMKREXLF

5 Financial ETFs to Buy on Taper Talks

The shift toward a tighter monetary policy will push the yields higher, thereby benefiting the financial sector.

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Regional Bank Resurgence Makes a ‘QABA' Call Compelling

Soaring 10-year Treasury yields are buoying bank stocks, and those effects are being felt at the regional bank level. Just look at the S&P Regional Banks Select Industry Index, which is higher by almost...

Yellen Triggers Rate Rise Talks: 6 ETFs to Play

On May 4, Treasury Secretary Janet Yellen commented that interest rates may need to rise modestly over time to keep the U.S. economy from overheating, though she clarified later on that she is not "pred...

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Top 5 ETF Areas of Last Week

The first week of March was mixed for Wall Street.

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Sector ETFs to Win/Lose on Higher Rates

Though the Fed Chair Powell said on Feb 23 that inflation is still 'soft', we expect the reflation trade to remain steady in the near term on stimulus hopes.

Other symbols: MORTXLUXMEXOP

Community Bank ETF (QABA) Hits a 52-Week High

This community bank ETF has hit a new 52-week high. Are more gains in store?

Bank ETFs to Consider on a Steepening Yield Curve

Investors seeking to take advantage of the steep yield curve should bet on bank ETFs.

Other symbols: FTXOIATKBEKBWRKRE

Why Bank ETFs Are Surging

As banks seek to borrow money at short-term rates and lend at long-term rates, a steepening yield curve will earn more on lending and pay less on deposits, thereby leading to a wider spread.

Other symbols: FTXOIATKBEKBWRKRE

3 Reasons to Be Wary of Bank ETFs

Chances of higher virus cases in winter, Biden???s considerable chances of winning the election and low rates for longer may spell trouble for bank ETFs ahead.

Other symbols: KBEKRE

Small-Cap ETFs May Strengthen After PPP Help Community Banks

After facing problems when applying for the Payroll Protection Program through larger banks, small businesses may permanently turn to smaller community banks that have proven to be more accommodating, p...

Other symbols: PSCF

Top and Flop ETFs of Last Week (June 15)

Given the bull and bear tug of war, market volatility is back in the market. As such, we have highlighted the best and worst-performing ETFs of last week.

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Bank Sector ETFs Climb on Hopes of a Recovering Economy

Banks and sector-related ETFs were leading the markets Wednesday as investors looked for cheap segments of the market and rotated toward more economically sensitive areas. Among the best performing non-...

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Bank ETFs That Could Benefit from Increased M&A Activity

With mergers and acquisition activity picking up, regional banks and financial sector ETFs that track smaller firms could benefit from the increased consolidation.

Other symbols: IATKBEKBWRKREPSCF

4 Sector ETFs Leading the Small-Cap Rally

While there are winners in almost every corner of the small-cap space, we have presented four top-performing, small-cap ETFs from different sectors over the past month.

Other symbols: PSCDPSCIPSCT

Is it Time to Buy Financial ETFs Now?

U.S. treasury yield curve is steepening -- a great scenario for financial ETFs.

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Should You Invest in the First Trust NASDAQ ABA Community Bank Index Fund (QABA)?

Sector ETF report for QABA