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    First Trust NASDAQ ABA Community Bk ETF (QABA)

    -NasdaqGM
    36.05 Down 0.09(0.25%) Mar 27, 3:59PM EDT
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    First Trust NASDAQ ABA Community Bk ETF

    Phone: 800-621-1675

    Details 
    Index Membership:N/A
    Sector:N/A
    Industry:N/A
    Full Time Employees:N/A

    Business Summary 

    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 plus the amount of any borrowings for investment purposes 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. The fund is non-diversified.