Prime Capital Investment Advisors LLC Cuts Stock Holdings in SPDR S&P Kensho New Economies Composite ETF $KOMP

Prime Capital Investment Advisors LLC lessened its stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 89.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 13,351 shares of the company’s stock after selling 116,069 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $726,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 62,652.6% during the 1st quarter. Farther Finance Advisors LLC now owns 11,923 shares of the company’s stock worth $558,000 after buying an additional 11,904 shares during the last quarter. Strategic Advocates LLC raised its position in shares of SPDR S&P Kensho New Economies Composite ETF by 4.1% during the 1st quarter. Strategic Advocates LLC now owns 536,501 shares of the company’s stock worth $24,942,000 after acquiring an additional 21,039 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of SPDR S&P Kensho New Economies Composite ETF by 2.4% during the 1st quarter. Baird Financial Group Inc. now owns 97,909 shares of the company’s stock worth $4,552,000 after acquiring an additional 2,307 shares in the last quarter. WealthCare Investment Partners LLC increased its stake in SPDR S&P Kensho New Economies Composite ETF by 4.9% in the second quarter. WealthCare Investment Partners LLC now owns 22,880 shares of the company’s stock valued at $1,274,000 after purchasing an additional 1,074 shares during the last quarter. Finally, Christopher J. Hasenberg Inc purchased a new position in SPDR S&P Kensho New Economies Composite ETF in the second quarter valued at approximately $6,363,000.

SPDR S&P Kensho New Economies Composite ETF Trading Down 0.6%

Shares of SPDR S&P Kensho New Economies Composite ETF stock opened at $64.54 on Friday. The company has a fifty day simple moving average of $59.43 and a 200-day simple moving average of $53.53. SPDR S&P Kensho New Economies Composite ETF has a 12-month low of $39.63 and a 12-month high of $65.14. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 20.26 and a beta of 1.17.

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.