SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMPGet Free Report) saw unusually-high trading volume on Wednesday . 279,212 shares changed hands during trading, an increase of 219% from the previous session’s volume of 87,505 shares.The stock last traded at $71.91 and had previously closed at $71.50.

SPDR S&P Kensho New Economies Composite ETF Price Performance

The firm has a 50-day moving average price of $69.36 and a 200 day moving average price of $64.72. The company has a market cap of $2.87 billion, a price-to-earnings ratio of 20.26 and a beta of 1.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the fourth quarter worth $38,000. Harbour Investments Inc. grew its stake in shares of 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 in the last quarter. BOK Financial Private Wealth Inc. bought a new position in SPDR S&P Kensho New Economies Composite ETF during the fourth quarter worth about $48,000. Parallel Advisors LLC increased its position in SPDR S&P Kensho New Economies Composite ETF by 3,987.0% during the first quarter. Parallel Advisors LLC now owns 940 shares of the company’s stock worth $55,000 after acquiring an additional 917 shares during the period. Finally, Arax Advisory Partners acquired a new stake in SPDR S&P Kensho New Economies Composite ETF in the 4th quarter worth about $64,000.

SPDR S&P Kensho New Economies Composite ETF Company Profile

(Get Free Report)

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.

See Also

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.