FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $52.53 and traded as high as $53.43. FT Vest S&P 500 Dividend Aristocrats Target Income ETF shares last traded at $53.39, with a volume of 590,930 shares.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Up 1.0 %

The company has a market cap of $2.79 billion, a P/E ratio of 22.30 and a beta of 0.66. The company has a fifty day moving average of $53.82 and a 200 day moving average of $52.54.

Institutional Trading of FT Vest S&P 500 Dividend Aristocrats Target Income ETF

Several large investors have recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 2nd quarter worth $64,000. Sunbelt Securities Inc. lifted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 53.2% during the 2nd quarter. Sunbelt Securities Inc. now owns 6,256 shares of the company’s stock valued at $316,000 after buying an additional 2,172 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 3rd quarter valued at about $427,000. Strategic Blueprint LLC increased its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 91.4% in the 3rd quarter. Strategic Blueprint LLC now owns 11,810 shares of the company’s stock worth $643,000 after acquiring an additional 5,640 shares in the last quarter. Finally, NBC Securities Inc. raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 49.0% during the 2nd quarter. NBC Securities Inc. now owns 26,832 shares of the company’s stock worth $1,355,000 after acquiring an additional 8,829 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.