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 stock price was down 0% on Thursday. The stock traded as low as $47.75 and last traded at $48.13. 357,390 shares traded hands during 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 Performance

The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 21.48 and a beta of 0.83. The business’s 50-day simple moving average is $50.76 and its 200-day simple moving average is $49.91.

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

A number of institutional investors and hedge funds have recently modified their holdings of KNG. Anchor Investment Management LLC bought a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the first quarter worth $30,000. CoreCap Advisors LLC grew its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 2.9% in the 2nd quarter. CoreCap Advisors LLC now owns 29,124 shares of the company’s stock valued at $1,471,000 after buying an additional 834 shares during the period. AdvisorNet Financial Inc bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 1st quarter valued at $48,000. Continuum Advisory LLC bought a new stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the 2nd quarter valued at $116,000. Finally, Hilton Head Capital Partners LLC raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 3.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 98,607 shares of the company’s stock worth $4,803,000 after buying an additional 3,566 shares during the period.

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.