RFG Advisory LLC Reduces Stock Position in SPDR S&P Kensho New Economies Composite ETF $KOMP

RFG Advisory LLC cut its stake in SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) by 46.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,030 shares of the company’s stock after selling 24,333 shares during the period. RFG Advisory LLC owned 0.07% of SPDR S&P Kensho New Economies Composite ETF worth $1,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of KOMP. Orion Porfolio Solutions LLC lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 28.8% in the second quarter. Orion Porfolio Solutions LLC now owns 45,056 shares of the company’s stock worth $2,450,000 after buying an additional 10,078 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter worth about $216,000. Summit Investment Advisory Services LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter worth about $775,000. Financial Guidance Group Inc. lifted its holdings in SPDR S&P Kensho New Economies Composite ETF by 2.8% in the third quarter. Financial Guidance Group Inc. now owns 94,917 shares of the company’s stock worth $5,910,000 after buying an additional 2,584 shares during the period. Finally, Abich Financial Wealth Management LLC purchased a new stake in SPDR S&P Kensho New Economies Composite ETF in the third quarter worth about $32,000.

SPDR S&P Kensho New Economies Composite ETF Price Performance

Shares of KOMP opened at $68.11 on Friday. SPDR S&P Kensho New Economies Composite ETF has a one year low of $48.58 and a one year high of $68.65. The company has a 50-day simple moving average of $62.31 and a two-hundred day simple moving average of $62.48. The firm has a market capitalization of $2.74 billion, a PE ratio of 20.26 and a beta of 1.30.

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.