Strategic Advocates LLC grew its holdings in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Free Report) by 3.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 570,232 shares of the company’s stock after purchasing an additional 19,189 shares during the period. SPDR S&P Kensho New Economies Composite ETF comprises about 9.2% of Strategic Advocates LLC’s investment portfolio, making the stock its biggest holding. Strategic Advocates LLC’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $35,503,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of KOMP. Abich Financial Wealth Management LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at $32,000. Mather Group LLC. bought a new stake in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth about $74,000. Advisory Services Network LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF in the 3rd quarter worth about $130,000. Wealth Enhancement Advisory Services LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at about $216,000. Finally, Global Financial Private Client LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at about $237,000.
SPDR S&P Kensho New Economies Composite ETF Stock Up 0.1%
Shares of NYSEARCA KOMP opened at $60.33 on Friday. The firm’s 50-day moving average price is $63.12 and its 200-day moving average price is $62.22. SPDR S&P Kensho New Economies Composite ETF has a 52-week low of $39.63 and a 52-week high of $66.72. The company has a market cap of $2.43 billion, a PE ratio of 20.26 and a beta of 1.30.
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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