SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) Sees Large Volume Increase – What’s Next?

SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) saw unusually-high trading volume on Tuesday. Approximately 748,867 shares were traded during trading, an increase of 826% from the average daily volume of 80,910 shares. The stock last traded at $61.3910 and had previously closed at $62.47.

SPDR S&P Kensho New Economies Composite ETF Price Performance

The company has a 50-day moving average price of $65.24 and a 200 day moving average price of $65.88. The firm has a market capitalization of $2.45 billion, a PE ratio of 22.37 and a beta of 1.36.

Institutional Investors Weigh In On SPDR S&P Kensho New Economies Composite ETF

Large investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. purchased a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the third quarter worth approximately $26,000. CoreCap Advisors LLC bought a new position in SPDR S&P Kensho New Economies Composite ETF in the third quarter worth approximately $28,000. Harbour Investments Inc. bought a new position in SPDR S&P Kensho New Economies Composite ETF in the third quarter worth approximately $40,000. Parallel Advisors LLC increased its holdings in SPDR S&P Kensho New Economies Composite ETF by 3,987.0% during 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, Mather Group LLC. bought a new position in shares of SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter worth $79,000.

SPDR S&P Kensho New Economies Composite ETF Company Profile

(Get Free Report)

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.

Read More

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.