FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $52.63 and traded as high as $54.29. FT Vest S&P 500 Dividend Aristocrats Target Income ETF shares last traded at $53.92, with a volume of 387,646 shares traded.

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

The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 22.30 and a beta of 0.66. The business’s 50-day moving average price is $53.81 and its two-hundred day moving average price is $52.63.

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

Several large investors have recently modified their holdings of KNG. Sunbelt Securities Inc. lifted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 53.2% during the second quarter. Sunbelt Securities Inc. now owns 6,256 shares of the company’s stock worth $316,000 after purchasing an additional 2,172 shares during the period. Argent Advisors Inc. boosted its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 4.5% during the 2nd quarter. Argent Advisors Inc. now owns 92,487 shares of the company’s stock worth $4,672,000 after acquiring an additional 3,944 shares in the last quarter. SlateStone Wealth LLC increased its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 2.9% in the second quarter. SlateStone Wealth LLC now owns 169,319 shares of the company’s stock valued at $8,554,000 after acquiring an additional 4,763 shares during the last quarter. NBC Securities Inc. raised its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 18.0% during the third quarter. NBC Securities Inc. now owns 31,674 shares of the company’s stock valued at $1,725,000 after purchasing an additional 4,842 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 91.4% during the third quarter. Strategic Blueprint LLC now owns 11,810 shares of the company’s stock worth $643,000 after purchasing an additional 5,640 shares during the last quarter.

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.