FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Shares Cross Above 200 Day Moving Average – Should You Sell?

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.

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

The business has a 50-day moving average price of $53.82 and a 200-day moving average price of $52.54. The firm has a market cap of $2.79 billion, a P/E 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

Large investors have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. lifted its stake in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 25.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 428,996 shares of the company’s stock worth $21,673,000 after purchasing an additional 86,548 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in 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 valued at $17,159,000 after buying an additional 50,335 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 13.3% in the third quarter. Arkadios Wealth Advisors now owns 360,911 shares of the company’s stock worth $19,662,000 after acquiring an additional 42,316 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 45.8% during the second quarter. Nations Financial Group Inc. IA ADV now owns 71,719 shares of the company’s stock valued at $3,623,000 after acquiring an additional 22,530 shares in the last quarter. Finally, NBC Securities Inc. raised its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 49.0% in the 2nd quarter. NBC Securities Inc. now owns 26,832 shares of the company’s stock valued at $1,355,000 after purchasing an additional 8,829 shares during 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.