NASDAQ:QABA
First Trust NASDAQ ABA Community Bank ETF Company Profile
$46.20
-0.108 (-0.234%)
At Close: May 07, 2024
Information
800-621-1675
Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) ABA Community Bank Index(SM). The fund will normally invest at least 90% of its net assets (including investment borrowings in common stocks that comprise the index. For the purposes of the index, a "community bank" is considered to be all U.S. banks and thrifts or their holding companies listed on NASDAQ(R), excluding the 50 largest U.S. banks by asset size.