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) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 113,687 shares, a growth of 934.3% from the August 15th total of 10,992 shares. Based on an average daily volume of 238,874 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

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 added to or reduced their stakes in KNG. Hilton Head Capital Partners LLC bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 4th quarter valued at approximately $4,671,000. Creative Financial Designs Inc. ADV increased its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 194.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 111,138 shares of the company’s stock valued at $5,462,000 after purchasing an additional 73,389 shares during the last quarter. Resolute Wealth Strategies LLC raised its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 63.6% during the 1st quarter. Resolute Wealth Strategies LLC now owns 30,354 shares of the company’s stock valued at $1,479,000 after buying an additional 11,804 shares during the period. Argent Advisors Inc. lifted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 12.0% in the fourth quarter. Argent Advisors Inc. now owns 151,941 shares of the company’s stock worth $7,468,000 after buying an additional 16,291 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 23.8% in the first quarter. Janney Montgomery Scott LLC now owns 385,974 shares of the company’s stock worth $18,801,000 after buying an additional 74,198 shares during the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Down 0.7%

KNG stock opened at $49.68 on Friday. The company has a fifty day simple moving average of $51.28 and a two-hundred day simple moving average of $50.14. 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 firm has a market capitalization of $3.81 billion, a P/E ratio of 21.48 and a beta of 0.83.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Company Profile

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.