Van Hulzen Asset Management LLC Invests $969,000 in SPDR S&P Kensho New Economies Composite ETF $KOMP

Van Hulzen Asset Management LLC acquired a new stake in shares of SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 13,557 shares of the company’s stock, valued at approximately $969,000.

A number of other hedge funds also recently made changes to their positions in the stock. Kestra Advisory Services LLC purchased a new position in SPDR S&P Kensho New Economies Composite ETF in the fourth quarter worth $38,000. Harbour Investments Inc. raised its position in SPDR S&P Kensho New Economies Composite ETF by 507.2% during the fourth quarter. Harbour Investments Inc. now owns 674 shares of the company’s stock valued at $40,000 after purchasing an additional 563 shares in the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in SPDR S&P Kensho New Economies Composite ETF during the fourth quarter valued at about $48,000. Parallel Advisors LLC raised its position in SPDR S&P Kensho New Economies Composite ETF by 3,987.0% during the first quarter. Parallel Advisors LLC now owns 940 shares of the company’s stock valued at $55,000 after purchasing an additional 917 shares in the last quarter. Finally, Arax Advisory Partners bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the fourth quarter worth about $64,000.

SPDR S&P Kensho New Economies Composite ETF Trading Down 1.1%

KOMP opened at $65.88 on Friday. The stock has a 50-day moving average price of $67.97 and a 200-day moving average price of $66.59. SPDR S&P Kensho New Economies Composite ETF has a 12-month low of $55.69 and a 12-month high of $75.61. The stock has a market capitalization of $2.62 billion, a P/E 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.