Northwestern Mutual Wealth Management Co. Purchases 35,593 Shares of SPDR S&P Kensho New Economies Composite ETF $KOMP

Northwestern Mutual Wealth Management Co. raised its position in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 3,057.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 36,757 shares of the company’s stock after acquiring an additional 35,593 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $2,195,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of KOMP. Orion Porfolio Solutions LLC boosted its position in SPDR S&P Kensho New Economies Composite ETF by 28.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 45,056 shares of the company’s stock valued at $2,450,000 after acquiring an additional 10,078 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at approximately $216,000. Summit Investment Advisory Services LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at approximately $775,000. Financial Guidance Group Inc. boosted its position in SPDR S&P Kensho New Economies Composite ETF by 2.8% during the 3rd quarter. Financial Guidance Group Inc. now owns 94,917 shares of the company’s stock valued at $5,910,000 after acquiring an additional 2,584 shares in the last quarter. Finally, RFG Advisory LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at approximately $3,260,000.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

SPDR S&P Kensho New Economies Composite ETF stock opened at $72.51 on Wednesday. The stock’s 50 day simple moving average is $64.20 and its two-hundred day simple moving average is $62.91. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 20.26 and a beta of 1.30. SPDR S&P Kensho New Economies Composite ETF has a fifty-two week low of $49.63 and a fifty-two week high of $72.82.

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.