SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Hits New 12-Month High at $48.25

SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $48.25 and last traded at $48.21, with a volume of 19733 shares changing hands. The stock had previously closed at $47.90.

SPDR S&P Kensho New Economies Composite ETF Stock Up 0.7 %

The stock has a market cap of $1.96 billion, a P/E ratio of 16.38 and a beta of 1.17. The business has a 50 day moving average price of $45.74 and a two-hundred day moving average price of $42.98.

Institutional Investors Weigh In On SPDR S&P Kensho New Economies Composite ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KOMP. Financial Engines Advisors L.L.C. boosted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 1.9% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 32,260,294 shares of the company’s stock worth $1,277,681,000 after purchasing an additional 614,967 shares in the last quarter. Heartwood Wealth Advisors LLC boosted its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 0.4% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 287,864 shares of the company’s stock worth $11,401,000 after purchasing an additional 1,188 shares during the last quarter. SOL Capital Management CO raised its position in shares of SPDR S&P Kensho New Economies Composite ETF by 3.9% during the 4th quarter. SOL Capital Management CO now owns 75,929 shares of the company’s stock valued at $3,546,000 after buying an additional 2,860 shares during the period. Advantage Trust Co purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter valued at approximately $2,874,000. Finally, Archford Capital Strategies LLC raised its position in shares of SPDR S&P Kensho New Economies Composite ETF by 3.3% during the 3rd quarter. Archford Capital Strategies LLC now owns 55,345 shares of the company’s stock valued at $2,192,000 after buying an additional 1,759 shares during the period.

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.