SPDR S&P Kensho New Economies Composite ETF $KOMP Shares Sold by Penobscot Wealth Management

Penobscot Wealth Management cut its holdings in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 47.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,203 shares of the company’s stock after selling 23,498 shares during the period. SPDR S&P Kensho New Economies Composite ETF accounts for about 0.5% of Penobscot Wealth Management’s holdings, making the stock its 29th biggest position. Penobscot Wealth Management owned approximately 0.07% of SPDR S&P Kensho New Economies Composite ETF worth $1,631,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Midland Wealth Advisors LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter valued at $62,836,000. Sava Penzisko Drushtvo A.D. Skopje purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $10,324,000. RFG Advisory LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $3,260,000. Lido Advisors LLC acquired a new position in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at $2,367,000. Finally, BNP Paribas Financial Markets acquired a new position in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at $1,868,000.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

Shares of NYSEARCA:KOMP opened at $61.44 on Wednesday. SPDR S&P Kensho New Economies Composite ETF has a one year low of $39.63 and a one year high of $66.72. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 20.26 and a beta of 1.30. The company has a 50-day simple moving average of $63.25 and a 200-day simple moving average of $62.25.

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.