Strategic Advocates LLC Purchases 16,890 Shares of SPDR S&P Kensho New Economies Composite ETF $KOMP

Strategic Advocates LLC grew its position in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 587,122 shares of the company’s stock after acquiring an additional 16,890 shares during the quarter. SPDR S&P Kensho New Economies Composite ETF makes up approximately 9.0% of Strategic Advocates LLC’s investment portfolio, making the stock its 2nd biggest position. Strategic Advocates LLC’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $35,298,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Savvy Advisors Inc. acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 4th quarter valued at about $1,395,000. Moulton Wealth Management Inc. acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 4th quarter valued at about $8,580,000. Financial Enhancement Group LLC lifted its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 25.1% in the 4th quarter. Financial Enhancement Group LLC now owns 45,058 shares of the company’s stock valued at $2,954,000 after purchasing an additional 9,028 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 3,057.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 36,757 shares of the company’s stock valued at $2,195,000 after purchasing an additional 35,593 shares in the last quarter. Finally, Sava Penzisko Drushtvo A.D. Skopje acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter valued at about $10,324,000.

SPDR S&P Kensho New Economies Composite ETF Price Performance

NYSEARCA KOMP opened at $69.36 on Wednesday. The firm has a market capitalization of $2.79 billion, a P/E ratio of 20.26 and a beta of 1.32. SPDR S&P Kensho New Economies Composite ETF has a 1-year low of $51.19 and a 1-year high of $75.61. The business’s 50-day simple moving average is $66.80 and its 200-day simple moving average is $63.75.

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.