Monday, October 21, 2024

KOMP ETF hits new 52-week high—should you buy now?

SPDR S&P Kensho New Economies Composite ETF Overview

This ETF has a market cap of $2.10 billion, a P/E ratio of 22.21, and a beta of 1.39. Its 50-day moving average is $48.06, while the 200-day moving average is $47.11.

Institutional Trading Activity

Recently, several hedge funds adjusted their holdings in KOMP:

  • Global Financial Private Client LLC: $63,000
  • Ashton Thomas Private Wealth LLC: $67,000
  • Family Firm Inc.: $95,000
  • Lynx Investment Advisory: $280,000
  • Kingswood Wealth Advisors LLC: $285,000

About SPDR S&P Kensho New Economies Composite ETF

The SPDR S&P Kensho New Economies Composite ETF (KOMP) tracks companies that are innovating and disrupting traditional industries. Launched on October 22, 2018, it is managed by State Street.

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