Lunt Capital Management Inc. Has $2.28 Million Stock Position in SPDR S&P Kensho New Economies Composite ETF $KOMP

Lunt Capital Management Inc. lowered its stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 0.6% during the second quarter, HoldingsChannel reports. The firm owned 41,996 shares of the company’s stock after selling 243 shares during the period. Lunt Capital Management Inc.’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $2,284,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the second quarter worth about $6,363,000. Strategic Advocates LLC lifted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 4.1% in the 1st quarter. Strategic Advocates LLC now owns 536,501 shares of the company’s stock valued at $24,942,000 after acquiring an additional 21,039 shares in the last quarter. Financial Enhancement Group LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF in the 2nd quarter valued at approximately $1,005,000. McCarthy & Cox boosted its stake in SPDR S&P Kensho New Economies Composite ETF by 17.3% in the 2nd quarter. McCarthy & Cox now owns 56,515 shares of the company’s stock worth $3,073,000 after purchasing an additional 8,328 shares during the period. Finally, Towerpoint Wealth LLC grew its position in SPDR S&P Kensho New Economies Composite ETF by 8.1% during the 2nd quarter. Towerpoint Wealth LLC now owns 101,300 shares of the company’s stock worth $5,509,000 after purchasing an additional 7,631 shares in the last quarter.

SPDR S&P Kensho New Economies Composite ETF Stock Up 1.0%

Shares of NYSEARCA:KOMP opened at $64.38 on Wednesday. The company’s fifty day moving average is $59.91 and its two-hundred day moving average is $53.88. The company has a market cap of $2.62 billion, a P/E ratio of 20.26 and a beta of 1.17. SPDR S&P Kensho New Economies Composite ETF has a 12-month low of $39.63 and a 12-month high of $65.14.

SPDR S&P Kensho New Economies Composite ETF 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.