Summit Investment Advisory Services LLC Acquires Shares of 12,451 SPDR S&P Kensho New Economies Composite ETF $KOMP

Summit Investment Advisory Services LLC bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,451 shares of the company’s stock, valued at approximately $775,000.

Several other hedge funds also recently added to or reduced their stakes in the business. McCarthy & Cox raised its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 0.3% during the 3rd quarter. McCarthy & Cox now owns 56,706 shares of the company’s stock valued at $3,531,000 after buying an additional 191 shares during the last quarter. Comprehensive Money Management Services LLC grew its holdings in SPDR S&P Kensho New Economies Composite ETF by 4.0% during the second quarter. Comprehensive Money Management Services LLC now owns 20,210 shares of the company’s stock worth $1,099,000 after acquiring an additional 775 shares during the period. Good Life Advisors LLC raised its position in SPDR S&P Kensho New Economies Composite ETF by 1.9% during the second quarter. Good Life Advisors LLC now owns 50,838 shares of the company’s stock valued at $2,765,000 after acquiring an additional 955 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 21.5% in the second quarter. Wealthfront Advisers LLC now owns 5,466 shares of the company’s stock valued at $297,000 after acquiring an additional 968 shares during the period. Finally, Mather Group LLC. acquired a new position in SPDR S&P Kensho New Economies Composite ETF in the third quarter valued at approximately $74,000.

SPDR S&P Kensho New Economies Composite ETF Trading Up 1.4%

SPDR S&P Kensho New Economies Composite ETF stock opened at $65.84 on Wednesday. The firm has a market cap of $2.65 billion, a PE ratio of 20.26 and a beta of 1.30. SPDR S&P Kensho New Economies Composite ETF has a 12 month low of $39.63 and a 12 month high of $66.72. The stock’s 50 day simple moving average is $62.22 and its two-hundred day simple moving average is $60.87.

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.