SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Sets New 1-Year High – Here’s Why

Shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) reached a new 52-week high during trading on Thursday . The stock traded as high as $73.01 and last traded at $73.01, with a volume of 148258 shares traded. The stock had previously closed at $72.51.

SPDR S&P Kensho New Economies Composite ETF Price Performance

The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 20.26 and a beta of 1.30. The firm’s fifty day moving average is $64.45 and its 200 day moving average is $62.99.

Institutional Trading of SPDR S&P Kensho New Economies Composite ETF

Institutional investors have recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC acquired a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at approximately $32,000. Kestra Advisory Services LLC acquired a new stake in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter valued at approximately $38,000. Harbour Investments Inc. lifted its stake in SPDR S&P Kensho New Economies Composite ETF by 507.2% in the fourth quarter. Harbour Investments Inc. now owns 674 shares of the company’s stock valued at $40,000 after acquiring an additional 563 shares during the last quarter. BOK Financial Private Wealth Inc. acquired a new stake in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter valued at approximately $48,000. Finally, Parallel Advisors LLC lifted its stake in SPDR S&P Kensho New Economies Composite ETF by 3,987.0% in the first quarter. Parallel Advisors LLC now owns 940 shares of the company’s stock valued at $55,000 after acquiring an additional 917 shares during the last quarter.

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.