SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 434,761 shares changed hands during mid-day trading, an increase of 409% from the previous session’s volume of 85,423 shares.The stock last traded at $69.60 and had previously closed at $69.32.
SPDR S&P Kensho New Economies Composite ETF Trading Up 0.4%
The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 20.26 and a beta of 1.33. The stock has a 50-day simple moving average of $68.72 and a 200 day simple moving average of $65.99.
Institutional Trading of SPDR S&P Kensho New Economies Composite ETF
A number of hedge funds have recently made changes to their positions in KOMP. Orion Porfolio Solutions LLC grew its position in SPDR S&P Kensho New Economies Composite ETF by 28.8% during the second quarter. Orion Porfolio Solutions LLC now owns 45,056 shares of the company’s stock valued at $2,450,000 after purchasing an additional 10,078 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at $1,868,000. One Capital Management LLC acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at $359,000. Raymond James Financial Inc. grew its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 0.9% during the 3rd quarter. Raymond James Financial Inc. now owns 92,632 shares of the company’s stock valued at $5,767,000 after acquiring an additional 813 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 2.7% during the 3rd quarter. Creative Planning now owns 8,725 shares of the company’s stock valued at $543,000 after acquiring an additional 231 shares in the last quarter.
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
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
- Why Lowe’s Could Be a Bargain Before Housing Recovers
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.
