Farther Finance Advisors LLC Has $401,000 Holdings in SPDR S&P Kensho New Economies Composite ETF $KOMP

Farther Finance Advisors LLC trimmed its position in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 38.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,372 shares of the company’s stock after selling 4,551 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $401,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Towerpoint Wealth LLC increased its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 8.1% in the 2nd quarter. Towerpoint Wealth LLC now owns 101,300 shares of the company’s stock valued at $5,509,000 after acquiring an additional 7,631 shares in the last quarter. Christopher J. Hasenberg Inc purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter valued at about $6,363,000. WealthCare Investment Partners LLC lifted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 4.9% during the 2nd quarter. WealthCare Investment Partners LLC now owns 22,880 shares of the company’s stock worth $1,274,000 after buying an additional 1,074 shares in the last quarter. Strategic Advocates LLC boosted its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 2.7% in the 2nd quarter. Strategic Advocates LLC now owns 551,043 shares of the company’s stock worth $29,966,000 after buying an additional 14,542 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 2.4% in the 1st quarter. Baird Financial Group Inc. now owns 97,909 shares of the company’s stock worth $4,552,000 after buying an additional 2,307 shares during the last quarter.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

Shares of KOMP stock opened at $61.85 on Monday. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 20.26 and a beta of 1.17. SPDR S&P Kensho New Economies Composite ETF has a 52 week low of $39.63 and a 52 week high of $63.13. The firm’s 50-day simple moving average is $58.20 and its two-hundred day simple moving average is $52.65.

SPDR S&P Kensho New Economies Composite ETF Profile

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.