Oppenheimer & Co. Inc. purchased a new stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 20,116 shares of the company’s stock, valued at approximately $1,337,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. grew its holdings in SPDR S&P Kensho New Economies Composite ETF by 0.9% in the 2nd quarter. Baird Financial Group Inc. now owns 230,181 shares of the company’s stock valued at $16,458,000 after buying an additional 2,101 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of SPDR S&P Kensho New Economies Composite ETF by 2.7% during the 1st quarter. Bank of America Corp DE now owns 92,875 shares of the company’s stock worth $5,431,000 after acquiring an additional 2,440 shares during the period. Financial Enhancement Group LLC purchased a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $3,863,000. Prime Capital Investment Advisors LLC purchased a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $936,000. Finally, Van Hulzen Asset Management LLC acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 2nd quarter valued at about $969,000.
SPDR S&P Kensho New Economies Composite ETF Stock Performance
Shares of KOMP stock opened at $62.46 on Monday. SPDR S&P Kensho New Economies Composite ETF has a twelve month low of $55.69 and a twelve month high of $75.61. The company’s 50-day moving average price is $66.08 and its 200-day moving average price is $66.00. The stock has a market cap of $2.48 billion, a price-to-earnings ratio of 20.26 and a beta of 1.34.
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.
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