Murphy & Mullick Capital Management Corp Makes New Investment in FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG)

Murphy & Mullick Capital Management Corp acquired a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF (BATS:KNG) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,227 shares of the company’s stock, valued at approximately $162,000.

Several other hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 47.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,868 shares of the company’s stock valued at $94,000 after purchasing an additional 602 shares during the last quarter. ORG Partners LLC acquired a new position in shares of FT Vest S&P 500 Dividend Aristocrats Target Income ETF during the fourth quarter worth $38,000. MassMutual Private Wealth & Trust FSB purchased a new position in FT Vest S&P 500 Dividend Aristocrats Target Income ETF in the fourth quarter valued at $63,000. Strategic Blueprint LLC raised its stake in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 19.8% in the fourth quarter. Strategic Blueprint LLC now owns 14,144 shares of the company’s stock valued at $710,000 after buying an additional 2,334 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in FT Vest S&P 500 Dividend Aristocrats Target Income ETF by 43.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 8,952 shares of the company’s stock worth $488,000 after buying an additional 2,696 shares during the last quarter.

FT Vest S&P 500 Dividend Aristocrats Target Income ETF Stock Up 0.8 %

Shares of KNG opened at $50.51 on Thursday. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 22.75 and a beta of 0.90. FT Vest S&P 500 Dividend Aristocrats Target Income ETF has a 52-week low of $49.11 and a 52-week high of $55.50. The stock has a 50 day moving average price of $50.83 and a 200 day moving average price of $52.18.

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.