FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Trading Down 0.6% – What’s Next?

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) was down 0.6% during mid-day trading on Friday . The stock traded as low as $49.78 and last traded at $49.92. Approximately 299,949 shares traded hands during trading, The stock had previously closed at $50.21.

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

The stock has a 50-day simple moving average of $52.59 and a 200-day simple moving average of $52.66. The stock has a market cap of $2.63 billion, a PE ratio of 22.30 and a beta of 0.66.

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

Several large investors have recently made changes to their positions in KNG. Sunbelt Securities Inc. increased its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 43.1% in the 3rd quarter. Sunbelt Securities Inc. now owns 8,952 shares of the company’s stock valued at $488,000 after purchasing an additional 2,696 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.0% in the third quarter. Janney Montgomery Scott LLC now owns 314,956 shares of the company’s stock worth $17,159,000 after buying an additional 50,335 shares during the period. Strategic Blueprint LLC grew its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 91.4% in the third quarter. Strategic Blueprint LLC now owns 11,810 shares of the company’s stock valued at $643,000 after buying an additional 5,640 shares in the last quarter. NBC Securities Inc. raised its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 18.0% during the 3rd quarter. NBC Securities Inc. now owns 31,674 shares of the company’s stock valued at $1,725,000 after buying an additional 4,842 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 12.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 80,485 shares of the company’s stock worth $4,385,000 after acquiring an additional 8,766 shares in the last quarter.

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.