SPDR S&P Kensho New Economies Composite ETF (NYSEARCA:KOMP – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 59,207 shares, a growth of 521.2% from the September 15th total of 9,531 shares. Based on an average trading volume of 71,052 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of SPDR S&P Kensho New Economies Composite ETF
A number of institutional investors have recently added to or reduced their stakes in KOMP. Baird Financial Group Inc. increased its position in shares of SPDR S&P Kensho New Economies Composite ETF by 0.9% during the 2nd quarter. Baird Financial Group Inc. now owns 230,181 shares of the company’s stock valued at $16,458,000 after purchasing an additional 2,101 shares during the last quarter. Financial Guidance Group Inc. boosted its position in SPDR S&P Kensho New Economies Composite ETF by 1.2% during the first quarter. Financial Guidance Group Inc. now owns 100,466 shares of the company’s stock valued at $5,875,000 after buying an additional 1,189 shares during the period. Aptus Capital Advisors LLC grew its position in SPDR S&P Kensho New Economies Composite ETF by 4.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 99,277 shares of the company’s stock worth $5,930,000 after acquiring an additional 4,187 shares during the last quarter. Bank of America Corp DE increased its stake in shares of SPDR S&P Kensho New Economies Composite ETF by 2.7% in the first quarter. Bank of America Corp DE now owns 92,875 shares of the company’s stock worth $5,431,000 after buying an additional 2,440 shares during the period. Finally, Financial Enhancement Group LLC bought a new stake in SPDR S&P Kensho New Economies Composite ETF during the 3rd quarter valued at $3,863,000.
SPDR S&P Kensho New Economies Composite ETF Stock Up 1.1%
SPDR S&P Kensho New Economies Composite ETF stock traded up $0.74 during trading on Friday, hitting $66.35. The stock had a trading volume of 35,788 shares, compared to its average volume of 82,351. The stock’s 50 day moving average is $67.98 and its two-hundred day moving average is $67.35. SPDR S&P Kensho New Economies Composite ETF has a 1 year low of $55.69 and a 1 year high of $75.61. The stock has a market cap of $2.63 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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