Ascentis Independent Advisors Acquires Shares of 34,595 KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM

Ascentis Independent Advisors bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 34,595 shares of the company’s stock, valued at approximately $976,000.

A number of other hedge funds and other institutional investors have also modified their holdings of KMLM. Ted Buchan & Co increased its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 7.8% during the fourth quarter. Ted Buchan & Co now owns 278,854 shares of the company’s stock worth $7,236,000 after acquiring an additional 20,262 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 13.5% in the third quarter. Raymond James Financial Inc. now owns 213,365 shares of the company’s stock valued at $5,746,000 after purchasing an additional 25,414 shares during the last quarter. Abbington Investment Group grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 26.2% during the 4th quarter. Abbington Investment Group now owns 190,466 shares of the company’s stock valued at $4,943,000 after purchasing an additional 39,582 shares in the last quarter. Longview Financial Advisors Inc. increased its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 6.0% during the 1st quarter. Longview Financial Advisors Inc. now owns 134,613 shares of the company’s stock worth $3,796,000 after purchasing an additional 7,592 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter worth approximately $3,271,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.8%

Shares of KMLM opened at $27.76 on Wednesday. The firm has a market cap of $306.75 million, a price-to-earnings ratio of 9.85 and a beta of -0.36. The business’s 50 day moving average is $28.60 and its two-hundred day moving average is $27.64. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 52-week low of $25.77 and a 52-week high of $30.17.

About KraneShares Mount Lucas Managed Futures Index Strategy ETF

The KFA Mount Lucas Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index. The fund aims to track an index of long and short managed futures, based on a trend following methodology. The fund allocates to commodity, currency and global fixed income futures based on relative historical volatility. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.