SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Stock Holdings Lowered by SOL Capital Management CO

SOL Capital Management CO trimmed its holdings in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,350 shares of the company’s stock after selling 5,785 shares during the period. SOL Capital Management CO owned about 0.10% of SPDR S&P Kensho New Economies Composite ETF worth $2,051,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Crews Bank & Trust acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter valued at $25,000. Flow Traders U.S. LLC acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the third quarter worth $203,000. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 3,001.4% during the third quarter. JPMorgan Chase & Co. now owns 4,590 shares of the company’s stock valued at $226,000 after purchasing an additional 4,442 shares during the last quarter. Finally, Strategic Advocates LLC boosted its position in shares of SPDR S&P Kensho New Economies Composite ETF by 4.7% in the 3rd quarter. Strategic Advocates LLC now owns 496,033 shares of the company’s stock valued at $24,469,000 after purchasing an additional 22,348 shares during the period.

SPDR S&P Kensho New Economies Composite ETF Trading Up 1.6 %

Shares of KOMP opened at $53.75 on Friday. The business’s 50-day moving average price is $52.81 and its 200 day moving average price is $50.17. The stock has a market capitalization of $2.23 billion, a P/E ratio of 22.21 and a beta of 1.39. SPDR S&P Kensho New Economies Composite ETF has a 1-year low of $43.14 and a 1-year high of $55.31.

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.