SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 23,619 shares, an increase of 146.6% from the June 30th total of 9,579 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 111,321 shares, the short-interest ratio is presently 0.2 days.
SPDR S&P Kensho New Economies Composite ETF Trading Down 3.2%
KOMP stock traded down $2.10 on Wednesday, hitting $63.47. The company had a trading volume of 61,291 shares, compared to its average volume of 87,538. SPDR S&P Kensho New Economies Composite ETF has a 12-month low of $54.05 and a 12-month high of $75.61. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 20.26 and a beta of 1.32. The stock’s 50-day simple moving average is $69.60 and its 200 day simple moving average is $65.61.
Institutional Trading of SPDR S&P Kensho New Economies Composite ETF
Several large investors have recently modified their holdings of KOMP. Kestra Advisory Services LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter valued at about $38,000. Harbour Investments Inc. increased its position in shares of SPDR S&P Kensho New Economies Composite ETF by 507.2% during the 4th quarter. Harbour Investments Inc. now owns 674 shares of the company’s stock valued at $40,000 after purchasing an additional 563 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in shares of SPDR S&P Kensho New Economies Composite ETF during the 4th quarter valued at about $48,000. Parallel Advisors LLC lifted its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 3,987.0% in the 1st quarter. Parallel Advisors LLC now owns 940 shares of the company’s stock worth $55,000 after purchasing an additional 917 shares during the period. Finally, Arax Advisory Partners bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 4th quarter worth approximately $64,000.
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.
Further Reading
- Five stocks we like better than SPDR S&P Kensho New Economies Composite ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Receive News & Ratings for SPDR S&P Kensho New Economies Composite ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Kensho New Economies Composite ETF and related companies with MarketBeat.com's FREE daily email newsletter.
