Notable companies
The most notable companies in this group are Veritex Holdings (NASDAQ:VBTX).
Industry 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® ABA Community Bank TM Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to track the performance of small, mid and large capitalization companies that comprise the community banking industry.
Market Cap
The average market capitalization across the First Trust NASDAQ® ABA Community Bk ETF ETF is 1.32B. The market cap for tickers in the group ranges from 205.5M to 6.91B. CBSH holds the highest valuation in this group at 6.91B. The lowest valued company is OVLY at 205.5M.
High and low price notable news
The average weekly price growth across all stocks in the First Trust NASDAQ® ABA Community Bk ETF ETF was 1%. For the same ETF, the average monthly price growth was 9%, and the average quarterly price growth was 30%. NRIM experienced the highest price growth at 10%, while HIFS experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the First Trust NASDAQ® ABA Community Bk ETF ETF was -21%. For the same stocks of the ETF, the average monthly volume growth was -21% and the average quarterly volume growth was 15%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 23
Price Growth Rating: 40
SMR Rating: 21
Profit Risk Rating: 52
Seasonality Score: 37 (-100 ... +100)