First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) Short Interest Update

First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 7,500 shares, a growth of 29.3% from the February 13th total of 5,800 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the company’s shares are short sold.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Trading Down 0.3 %

NASDAQ KNGZ opened at $32.48 on Wednesday. The company’s 50-day moving average price is $33.11 and its 200-day moving average price is $33.56. The stock has a market cap of $47.10 million, a PE ratio of 18.29 and a beta of 0.97. First Trust S&P 500 Diversified Dividend Aristocrats ETF has a 12 month low of $29.87 and a 12 month high of $35.34.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Tandem Financial LLC bought a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the fourth quarter worth about $32,000. Darwin Wealth Management LLC bought a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the third quarter worth about $111,000. Harbour Investments Inc. bought a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the fourth quarter worth about $192,000. International Assets Investment Management LLC bought a new position in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF in the fourth quarter worth about $233,000. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust S&P 500 Diversified Dividend Aristocrats ETF by 5.6% in the fourth quarter. Cetera Investment Advisers now owns 9,682 shares of the company’s stock worth $312,000 after purchasing an additional 513 shares during the last quarter.

First Trust S&P 500 Diversified Dividend Aristocrats ETF Company Profile

The First Trust S&P 500 Diversified Dividend Aristocrats ETF (KNGZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a sector-neutral US large-cap index selected and weighted based on dividend history and yield. KNGZ was launched on Jun 20, 2017 and is issued by First Trust.