First Trust NASDAQ® ABA Community Bank Index Fund company info

What does First Trust NASDAQ® ABA Community Bank Index Fund do?
First Trust NASDAQ® ABA Community Bank Index Fund (NASDAQ:QABA) focuses on investment opportunities within the U.S. banking sector, particularly targeting small to medium-sized community banks. This exchange-traded fund (ETF) aims to replicate the performance of the NASDAQ OMX® ABA Community Bank Index, which consists of institutions that are primarily involved in local loan and deposit gathering. By doing so, QABA provides investors with a method to gain exposure to the community banking segment, reflecting the operational and financial performance of these banks. The core objective of the fund is to offer investors potential income through dividends and the opportunity for capital appreciation by carefully selecting community banks that demonstrate strong fundamentals and growth potential within the American financial landscape.
First Trust NASDAQ® ABA Community Bank Index Fund company media
Company Snapshot

Is First Trust NASDAQ® ABA Community Bank Index Fund a public or private company?

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Ownership
Public

How many people does First Trust NASDAQ® ABA Community Bank Index Fund employ?

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Employees
1,087

What sector is First Trust NASDAQ® ABA Community Bank Index Fund in?

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Sector
ETF

Where is the head office for First Trust NASDAQ® ABA Community Bank Index Fund?

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Head Office
Wheaton, United States

What year was First Trust NASDAQ® ABA Community Bank Index Fund founded?

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Year Founded
2009
What does First Trust NASDAQ® ABA Community Bank Index Fund specialise in?
/Investment Management /Exchange Traded Fund /ABA Index Tracking /Portfolio Diversification /Equity Securities /Community Banks Investments

What are the products and/or services of First Trust NASDAQ® ABA Community Bank Index Fund?

Overview of First Trust NASDAQ® ABA Community Bank Index Fund offerings
Exchange-Traded Fund (ETF) that tracks the NASDAQ OMX® ABA Community Bank Index, focusing on investing in community banks.
Dividend investments, offering potential income through dividends from small to mid-sized banks.
Portfolio diversification, providing investors access to a broad array of community banks across the United States.
Liquidity provision, allowing easy entry and exit for investors looking to gain exposure to the community banking sector.
Risk management strategies, aiming to mitigate risks associated with investing in the financial sector and specifically in smaller banks.
Market research and analysis, offering insights into the community bank sector to inform investor decisions.