Ashton Thomas Private Wealth LLC Makes New Investment in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP)

Ashton Thomas Private Wealth LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,461 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Financial Private Client LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter worth $63,000. Family Firm Inc. acquired a new position in SPDR S&P Kensho New Economies Composite ETF in the second quarter valued at approximately $95,000. Strategic Advocates LLC grew its position 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 buying an additional 52,337 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter valued at $285,000. Finally, Lynx Investment Advisory acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the second quarter valued at about $280,000.

SPDR S&P Kensho New Economies Composite ETF Trading Up 1.5 %

SPDR S&P Kensho New Economies Composite ETF stock opened at $47.51 on Friday. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 22.21 and a beta of 1.39. The firm’s fifty day moving average price is $47.32 and its two-hundred day moving average price is $46.76. SPDR S&P Kensho New Economies Composite ETF has a 1-year low of $36.23 and a 1-year high of $50.49.

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.