FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Trading at $48.13

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)’s share price fell 0% during trading on Thursday. The company traded as low as $47.75 and last traded at $48.13. Approximately 357,390 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 335,888 shares. The stock had previously closed at $48.14.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Up 0.1%

The company has a market cap of $3.70 billion, a P/E ratio of 21.48 and a beta of 0.83. The firm has a fifty day moving average price of $50.71 and a 200 day moving average price of $49.90.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Continuum Advisory LLC acquired a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the second quarter worth approximately $116,000. CoreCap Advisors LLC increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 2.9% in the second quarter. CoreCap Advisors LLC now owns 29,124 shares of the company’s stock valued at $1,471,000 after purchasing an additional 834 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 600.2% in the first quarter. Arkadios Wealth Advisors now owns 506,073 shares of the company’s stock valued at $24,651,000 after purchasing an additional 433,799 shares in the last quarter. Sunbelt Securities Inc. raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 31.5% in the 1st quarter. Sunbelt Securities Inc. now owns 40,243 shares of the company’s stock worth $1,960,000 after purchasing an additional 9,639 shares during the last quarter. Finally, Resolute Wealth Strategies LLC raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 63.6% in the 1st quarter. Resolute Wealth Strategies LLC now owns 30,354 shares of the company’s stock worth $1,479,000 after purchasing an additional 11,804 shares during the last quarter.

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.