Markets

Thursday's ETF with Unusual Volume: QABA

The First Trust NASDAQ ABA Community Bank Index Fund ETF ( QABA ) is seeing unusually high volume in afternoon trading Thursday, with over 313,000 shares traded versus three month average volume of about 36,000. Shares of QABA were down about 1.8% on the day.

Components of that ETF with the highest volume on Thursday were Investors Bancorp ( ISBC ), trading off about 0.9% with over 5.1 million shares changing hands so far this session, and SVB Financial Group ( SIVB ), down about 1.2% on volume of over 1.1 million shares. Great Southern Bancorp ( GSBC ) is the component faring the best Thursday, up by about 1.6% on the day, while Republic Bancorp ( RBCAA ) is lagging other components of the First Trust NASDAQ ABA Community Bank Index Fund ETF, trading lower by about 4.5%.

VIDEO: Thursday's ETF with Unusual Volume: QABA

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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