Essex LLC acquired a new stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Free Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 9,991 shares of the company’s stock, valued at approximately $664,000.
Other hedge funds have also recently made changes to their positions in the company. Financial Enhancement Group LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at $3,863,000. Farther Finance Advisors LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at $407,000. CoreCap Advisors LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth about $28,000. Van Hulzen Asset Management LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter worth about $969,000. Finally, Capital Advantage Inc. purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the second quarter worth about $204,000.
SPDR S&P Kensho New Economies Composite ETF Stock Performance
Shares of KOMP traded down $1.93 during mid-day trading on Wednesday, reaching $63.08. The company had a trading volume of 82,889 shares, compared to its average volume of 81,913. SPDR S&P Kensho New Economies Composite ETF has a 52 week low of $55.69 and a 52 week high of $75.61. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 20.26 and a beta of 1.34. The firm has a 50-day moving average price of $67.83 and a 200 day moving average price of $67.47.
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.
Further Reading
- Five stocks we like better than SPDR S&P Kensho New Economies Composite ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Want to see what other hedge funds are holding KOMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Free Report).
Receive News & Ratings for SPDR S&P Kensho New Economies Composite ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Kensho New Economies Composite ETF and related companies with MarketBeat.com's FREE daily email newsletter.
