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:KOMPGet Free Report) shares saw strong trading volume on Monday . 1,333,596 shares changed hands during trading, an increase of 1,132% from the previous session’s volume of 108,249 shares.The stock last traded at $41.66 and had previously closed at $42.10.

SPDR S&P Kensho New Economies Composite ETF Stock Performance

The company has a 50 day simple moving average of $50.12 and a two-hundred day simple moving average of $51.05. The firm has a market cap of $1.74 billion, a PE ratio of 22.63 and a beta of 1.28.

SPDR S&P Kensho New Economies Composite ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.1153 per share. The ex-dividend date was Monday, March 24th.

Institutional Trading of SPDR S&P Kensho New Economies Composite ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in KOMP. Crews Bank & Trust purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the 4th quarter worth approximately $25,000. Coppell Advisory Solutions LLC acquired a new position in shares of SPDR S&P Kensho New Economies Composite ETF in the 4th quarter valued at $36,000. Fisher Asset Management LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF during the fourth quarter worth $223,000. JPMorgan Chase & Co. grew its position in 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 buying an additional 4,442 shares during the period. Finally, Sherman Asset Management Inc. purchased a new position in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter valued at $739,000.

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.

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