FT Vest Gold Strategy Target Income ETF (BATS:IGLD – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 303,229 shares, a growth of 145.7% from the August 31st total of 123,400 shares. Currently, 2.6% of the shares of the company are short sold. Based on an average daily trading volume, of 437,653 shares, the short-interest ratio is presently 0.7 days.
Institutional Investors Weigh In On FT Vest Gold Strategy Target Income ETF
A number of hedge funds and other institutional investors have recently modified their holdings of IGLD. Bullseye Investment Management LLC acquired a new stake in shares of FT Vest Gold Strategy Target Income ETF in the second quarter valued at approximately $4,627,000. Independent Financial Group LLC bought a new position in FT Vest Gold Strategy Target Income ETF during the 1st quarter worth $3,445,000. Envestnet Asset Management Inc. raised its holdings in FT Vest Gold Strategy Target Income ETF by 9.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,341,776 shares of the company’s stock valued at $28,258,000 after acquiring an additional 118,777 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in FT Vest Gold Strategy Target Income ETF by 96.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 218,594 shares of the company’s stock valued at $4,604,000 after acquiring an additional 107,221 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in FT Vest Gold Strategy Target Income ETF by 19.9% in the 1st quarter. Cetera Investment Advisers now owns 552,819 shares of the company’s stock valued at $14,113,000 after acquiring an additional 91,731 shares in the last quarter.
FT Vest Gold Strategy Target Income ETF Stock Down 3.7%
FT Vest Gold Strategy Target Income ETF stock opened at $20.14 on Tuesday. FT Vest Gold Strategy Target Income ETF has a 12 month low of $20.08 and a 12 month high of $30.42. The stock’s 50 day moving average is $21.40 and its 200-day moving average is $22.88.
FT Vest Gold Strategy Target Income ETF Company Profile
The FT Cboe Vest Gold Target Income ETF (IGLD) is an exchange-traded fund that is based on the SPDR Gold Trust index. The fund aims to generate income from a long position in SPDR Gold Trust ETF (GLD) and call spreads utilizing FLEX options. The fund gains exposure through a wholly-owned subsidiary. IGLD was launched on Mar 2, 2021 and is managed by First Trust.
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