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%.
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