FT Vest Gold Strategy Target Income ETF (BATS:IGLD) Short Interest Update

FT Vest Gold Strategy Target Income ETF (BATS:IGLD) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 123,400 shares, a growth of 88.9% from the August 15th total of 65,321 shares. Based on an average trading volume of 438,887 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.1% of the company’s shares are sold short.

Hedge Funds Weigh In On FT Vest Gold Strategy Target Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its position in FT Vest Gold Strategy Target Income ETF by 18.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,678 shares of the company’s stock worth $68,000 after acquiring an additional 420 shares during the last quarter. Compound Planning Inc. raised its holdings in shares of FT Vest Gold Strategy Target Income ETF by 3.1% in the first quarter. Compound Planning Inc. now owns 27,174 shares of the company’s stock valued at $694,000 after purchasing an additional 811 shares during the last quarter. Pine Valley Investments Ltd Liability Co raised its holdings in shares of FT Vest Gold Strategy Target Income ETF by 4.2% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 23,260 shares of the company’s stock valued at $594,000 after purchasing an additional 940 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of FT Vest Gold Strategy Target Income ETF by 1.6% in the fourth quarter. HighTower Advisors LLC now owns 75,095 shares of the company’s stock worth $1,878,000 after purchasing an additional 1,217 shares in the last quarter. Finally, G&S Capital LLC lifted its position in shares of FT Vest Gold Strategy Target Income ETF by 11.1% in the second quarter. G&S Capital LLC now owns 12,410 shares of the company’s stock worth $261,000 after purchasing an additional 1,244 shares in the last quarter.

FT Vest Gold Strategy Target Income ETF Stock Performance

Shares of BATS IGLD opened at $21.17 on Friday. The firm has a 50 day moving average price of $21.37 and a 200 day moving average price of $23.23. FT Vest Gold Strategy Target Income ETF has a 52-week low of $20.22 and a 52-week high of $30.42.

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.