RFG Advisory LLC Lowers Position in SPDR S&P Kensho New Economies Composite ETF $KOMP

RFG Advisory LLC cut its stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 46.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 28,030 shares of the company’s stock after selling 24,333 shares during the quarter. RFG Advisory LLC’s holdings in SPDR S&P Kensho New Economies Composite ETF were worth $1,674,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of KOMP. Orion Porfolio Solutions LLC lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 28.8% in the second quarter. Orion Porfolio Solutions LLC now owns 45,056 shares of the company’s stock worth $2,450,000 after buying an additional 10,078 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at approximately $216,000. Summit Investment Advisory Services LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the third quarter valued at approximately $775,000. Financial Guidance Group Inc. increased its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 2.8% during the third quarter. Financial Guidance Group Inc. now owns 94,917 shares of the company’s stock valued at $5,910,000 after purchasing an additional 2,584 shares in the last quarter. Finally, 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 approximately $32,000.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

Shares of NYSEARCA KOMP opened at $68.11 on Friday. SPDR S&P Kensho New Economies Composite ETF has a fifty-two week low of $48.58 and a fifty-two week high of $68.65. The company has a 50 day simple moving average of $62.31 and a two-hundred day simple moving average of $62.48. The company has a market capitalization of $2.74 billion, a price-to-earnings 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.