FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Short Interest Update

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 135,312 shares, a decline of 43.4% from the April 15th total of 238,903 shares. Based on an average daily trading volume, of 459,459 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On FT Vest S&P 500 Dividend Aristocrats Target Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of KNG. Hilton Head Capital Partners LLC acquired a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 4th quarter valued at $4,671,000. Janney Montgomery Scott LLC increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 23.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 385,974 shares of the company’s stock valued at $18,801,000 after buying an additional 74,198 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 194.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 111,138 shares of the company’s stock valued at $5,462,000 after buying an additional 73,389 shares during the period. Sound Income Strategies LLC increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 118,221.1% in the 4th quarter. Sound Income Strategies LLC now owns 22,481 shares of the company’s stock valued at $1,152,000 after buying an additional 22,462 shares during the period. Finally, Argent Advisors Inc. increased its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 12.0% in the 4th quarter. Argent Advisors Inc. now owns 151,941 shares of the company’s stock valued at $7,468,000 after buying an additional 16,291 shares during the period.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Performance

KNG opened at $48.09 on Friday. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a 52-week low of $47.68 and a 52-week high of $53.20. The company has a market cap of $3.69 billion, a PE ratio of 21.48 and a beta of 0.83. The stock has a 50-day moving average of $49.15 and a 200-day moving average of $49.81.

About FT Vest S&P 500 Dividend Aristocrats Target Income ETF

The FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of US large-cap companies that have increased dividends for at least 25 years, with a partial overlay of covered call options. KNG was launched on Mar 26, 2018 and is managed by First Trust.