FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) Stock Price Down 3.1% – Time to Sell?

FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)’s share price traded down 3.1% on Monday . The company traded as low as $50.14 and last traded at $48.5650. 358,156 shares were traded during trading, a decline of 5% from the average session volume of 378,982 shares. The stock had previously closed at $50.13.

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

The company’s 50 day moving average price is $48.88 and its 200-day moving average price is $49.33. The company has a market cap of $3.79 billion, a PE ratio of 21.48 and a beta of 0.83.

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

Large investors have recently bought and sold shares of the company. Trust Co. of Vermont purchased a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the 3rd quarter valued at $30,000. JPMorgan Chase & Co. raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 846.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 975 shares of the company’s stock valued at $48,000 after acquiring an additional 872 shares during the period. Colonial Trust Advisors purchased a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the second quarter valued at about $61,000. Twin Peaks Wealth Advisors LLC purchased a new stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the second quarter valued at about $84,000. Finally, SBI Securities Co. Ltd. boosted its position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 53.3% during the second quarter. SBI Securities Co. Ltd. now owns 2,033 shares of the company’s stock worth $100,000 after purchasing an additional 707 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.