Global Financial Private Client LLC Makes New $63,000 Investment in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP)

Global Financial Private Client LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,366 shares of the company’s stock, valued at approximately $63,000.

Several other hedge funds have also made changes to their positions in the company. Family Firm Inc. purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter worth $95,000. Lynx Investment Advisory purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter worth $280,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter worth $285,000. Strategic Advocates LLC purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter worth $579,000. Finally, Advantage Trust Co purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter worth $2,874,000.

SPDR S&P Kensho New Economies Composite ETF Price Performance

Shares of NYSEARCA KOMP opened at $48.39 on Friday. The business has a fifty day moving average price of $47.21 and a 200 day moving average price of $46.71. SPDR S&P Kensho New Economies Composite ETF has a 1-year low of $36.23 and a 1-year high of $50.49. The stock has a market capitalization of $2.01 billion, a P/E ratio of 22.21 and a beta of 1.39.

About SPDR S&P Kensho New Economies Composite ETF

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.