SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Sees Strong Trading Volume

SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) shares saw unusually-strong trading volume on Friday . Approximately 200,949 shares traded hands during trading, an increase of 54% from the previous session’s volume of 130,768 shares.The stock last traded at $45.33 and had previously closed at $44.87.

SPDR S&P Kensho New Economies Composite ETF Price Performance

The business has a fifty day moving average of $46.24 and a 200-day moving average of $43.81. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 21.33 and a beta of 1.39.

Institutional Investors Weigh In On SPDR S&P Kensho New Economies Composite ETF

Institutional investors have recently bought and sold shares of the business. Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at about $166,000. Strategic Advocates LLC acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter valued at about $579,000. Archford Capital Strategies LLC lifted its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 3.3% during the 3rd quarter. Archford Capital Strategies LLC now owns 55,345 shares of the company’s stock valued at $2,192,000 after buying an additional 1,759 shares during the last quarter. Advantage Trust Co acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter valued at about $2,874,000. Finally, SOL Capital Management CO lifted its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 1.8% during the 3rd quarter. SOL Capital Management CO now owns 73,069 shares of the company’s stock valued at $2,894,000 after buying an additional 1,265 shares during the last quarter.

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.