The glyph is not a composition. Its width in East Asian texts is determined by its context. It can be displayed wide or narrow. In bidirectional text it is written from left to right. When changing direction it is not mirrored. The word that U+03BA forms with similar adjacent characters prevents a line break inside it. The glyph can be confused with one other glyph.
The Wikipedia has the following information about this codepoint:
Kappa (; uppercase Κ, lowercase κ or cursive ϰ; Greek: κάππα, káppa) is the tenth letter of the Greek alphabet, representing the voiceless velar plosive IPA:[k] sound in Ancient and Modern Greek. In the system of Greek numerals, Kʹ has a value of 20. It was derived from the Phoenician letter kaph . Letters that arose from kappa include the Roman K and Cyrillic К. The uppercase form is identical to the Latin K.
Greek proper names and placenames containing kappa are often written in English with "c" due to the Romans' transliterations into the Latin alphabet: Constantinople, Corinth, Crete. All formal modern romanizations of Greek now use the letter "k", however.
The cursive form ϰ is generally a simple font variant of lower-case kappa, but it is encoded separately in Unicode for occasions where it is used as a separate symbol in math and science. In mathematics, the kappa curve is named after this letter; the tangents of this curve were first calculated by Isaac Barrow in the 17th century.