First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA) Stock Price Down 2.3% – Here’s Why

Posted by Geri Gentry on Nov 6th, 2026

First Trust NASDAQ ABA Community Bank Index Fund (NASDAQ:QABA – Get Free Report) shares were down 2.3% during trading on Thursday. The stock traded as low as $66.91 and last traded at $66.9310. Approximately 3,625 shares changed hands during trading, a decline of 57% from the average session volume of 8,348 shares. The stock had previously closed at $68.52.

First Trust NASDAQ ABA Community Bank Index Fund Stock Performance

The company has a 50 day moving average of $66.18 and a 200 day moving average of $63.94. The stock has a market capitalization of $87.01 million, a price-to-earnings ratio of 13.59 and a beta of 0.78.

First Trust NASDAQ ABA Community Bank Index Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.3585 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust NASDAQ ABA Community Bank Index Fund’s previous quarterly dividend of $0.3497. This represents a $1.43 dividend on an annualized basis and a dividend yield of 2.1%.

Institutional Investors Weigh In On First Trust NASDAQ ABA Community Bank Index Fund

A number of hedge funds have recently modified their holdings of QABA. Parallel Advisors LLC acquired a new stake in First Trust NASDAQ ABA Community Bank Index Fund in the 3rd quarter valued at about $29,000. Integrated Wealth Concepts LLC purchased a new position in First Trust NASDAQ ABA Community Bank Index Fund in the 2nd quarter worth approximately $34,000. Cetera Investment Advisers lifted its stake in First Trust NASDAQ ABA Community Bank Index Fund by 13.0% in the 1st quarter. Cetera Investment Advisers now owns 10,182 shares of the company’s stock worth $593,000 after purchasing an additional 1,171 shares in the last quarter. Waverly Advisors LLC acquired a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund during the 1st quarter worth approximately $204,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of First Trust NASDAQ ABA Community Bank Index Fund during the 2nd quarter worth approximately $303,000.

About First Trust NASDAQ ABA Community Bank Index Fund

(Get Free Report)

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.