10,515 Shares of SPDR S&P Kensho New Economies Composite ETF $KOMP Acquired by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,515 shares of the company’s stock, valued at approximately $699,000.

Several other hedge funds also recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF during the third quarter worth $189,000. Commonwealth Equity Services LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth about $4,205,000. Lunt Capital Management Inc. boosted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 1.2% during the 3rd quarter. Lunt Capital Management Inc. now owns 29,791 shares of the company’s stock worth $1,980,000 after purchasing an additional 354 shares in the last quarter. Vise Technologies Inc. grew its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 228.3% in the 3rd quarter. Vise Technologies Inc. now owns 68,918 shares of the company’s stock valued at $4,580,000 after buying an additional 47,923 shares during the period. Finally, MGO One Seven LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter valued at about $4,727,000.

SPDR S&P Kensho New Economies Composite ETF Trading Up 2.3%

KOMP stock traded up $1.36 during trading on Friday, reaching $60.10. 147,400 shares of the stock were exchanged, compared to its average volume of 81,147. The firm’s 50 day moving average is $65.34 and its 200 day moving average is $65.89. The firm has a market cap of $2.39 billion, a P/E ratio of 22.37 and a beta of 1.36. SPDR S&P Kensho New Economies Composite ETF has a twelve month low of $55.69 and a twelve month high of $75.61.

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.