SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) traded down 1.8% during mid-day trading on Wednesday . The stock traded as low as $59.34 and last traded at $59.37. 175,410 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 120,275 shares. The stock had previously closed at $60.47.
SPDR S&P Kensho New Economies Composite ETF Price Performance
The firm’s 50 day simple moving average is $62.16 and its 200-day simple moving average is $58.78. The company has a market cap of $2.38 billion, a price-to-earnings ratio of 20.26 and a beta of 1.30.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at approximately $32,000. Mather Group LLC. acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter valued at $74,000. Atlantic Union Bankshares Corp purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter valued at $84,000. Allworth Financial LP boosted its stake in SPDR S&P Kensho New Economies Composite ETF by 142.3% during the 3rd quarter. Allworth Financial LP now owns 1,902 shares of the company’s stock worth $118,000 after purchasing an additional 1,117 shares during the period. Finally, Advisory Services Network LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $130,000.
SPDR S&P Kensho New Economies Composite ETF Company 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.
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