Midland Wealth Advisors LLC bought a new stake in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 1,137,796 shares of the company’s stock, valued at approximately $75,607,000. SPDR S&P Kensho New Economies Composite ETF makes up 3.5% of Midland Wealth Advisors LLC’s portfolio, making the stock its 7th biggest holding.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KOMP. Financial Enhancement Group LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at $3,863,000. Oppenheimer & Co. Inc. bought a new position in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth $1,337,000. Prime Capital Investment Advisors LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth $936,000. Van Hulzen Asset Management LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter worth about $969,000. Finally, Brookstone Capital Management purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth about $692,000.
SPDR S&P Kensho New Economies Composite ETF Price Performance
KOMP stock opened at $64.31 on Wednesday. SPDR S&P Kensho New Economies Composite ETF has a 1 year low of $55.69 and a 1 year high of $75.61. The firm has a 50-day moving average of $66.40 and a 200 day moving average of $66.02. The company has a market cap of $2.55 billion, a P/E ratio of 20.26 and a beta of 1.34.
SPDR S&P Kensho New Economies Composite ETF Company 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.
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