Luken Investment Analytics LLC Decreases Position in FT Vest Gold Strategy Target Income ETF $IGLD

Luken Investment Analytics LLC lessened its position in FT Vest Gold Strategy Target Income ETF (BATS:IGLD) by 97.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,026 shares of the company’s stock after selling 725,889 shares during the period. Luken Investment Analytics LLC owned about 0.19% of FT Vest Gold Strategy Target Income ETF worth $464,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IGLD. Geneos Wealth Management Inc. lifted its position in FT Vest Gold Strategy Target Income ETF by 20.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,823 shares of the company’s stock valued at $59,000 after acquiring an additional 486 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of FT Vest Gold Strategy Target Income ETF in the 2nd quarter worth $37,000. Jane Street Group LLC increased its holdings in shares of FT Vest Gold Strategy Target Income ETF by 56.7% in the 2nd quarter. Jane Street Group LLC now owns 22,212 shares of the company’s stock worth $482,000 after purchasing an additional 8,034 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth $403,000. Finally, First Trust Advisors LP purchased a new position in shares of FT Vest Gold Strategy Target Income ETF in the third quarter worth $459,000.

FT Vest Gold Strategy Target Income ETF Stock Down 4.3%

Shares of BATS:IGLD opened at $21.04 on Wednesday. FT Vest Gold Strategy Target Income ETF has a 1 year low of $20.22 and a 1 year high of $30.42. The stock’s fifty day moving average price is $21.32 and its 200-day moving average price is $23.81.

FT Vest Gold Strategy Target Income ETF 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.