Shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 48,585 shares changed hands during trading, a decline of 57% from the previous session’s volume of 114,277 shares.The stock last traded at $48.40 and had previously closed at $47.64.
SPDR S&P Kensho New Economies Composite ETF Price Performance
The stock has a fifty day moving average of $47.40 and a 200 day moving average of $46.80. The firm has a market capitalization of $2.00 billion, a P/E ratio of 22.21 and a beta of 1.39.
Institutional Investors Weigh In On SPDR S&P Kensho New Economies Composite ETF
A number of hedge funds have recently made changes to their positions in KOMP. One Capital Management LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter worth approximately $725,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the second quarter valued at $67,000. Global Financial Private Client LLC bought a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the second quarter valued at $63,000. Family Firm Inc. purchased a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter valued at $95,000. Finally, Strategic Advocates LLC grew its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 12.4% during the 2nd quarter. Strategic Advocates LLC now owns 473,685 shares of the company’s stock worth $21,823,000 after acquiring an additional 52,337 shares during the period.
About SPDR S&P Kensho New Economies Composite ETF
The SPDR S&P Kensho New Economies Composite ETF (KOMP) is an exchange-traded fund that is based on the S&P Kensho New Economies Composite index. The fund tracks a tier-weighted index of US-listed companies with products or services that disrupt traditional industries. KOMP was launched on Oct 22, 2018 and is managed by State Street.
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