Ferguson Shapiro LLC bought a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,450 shares of the company’s stock, valued at approximately $859,000. KraneShares Mount Lucas Managed Futures Index Strategy ETF comprises 0.3% of Ferguson Shapiro LLC’s holdings, making the stock its 29th biggest position. Ferguson Shapiro LLC owned about 0.29% of KraneShares Mount Lucas Managed Futures Index Strategy ETF at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of KMLM. ORG Wealth Partners LLC raised its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.3% in the 4th quarter. ORG Wealth Partners LLC now owns 30,714 shares of the company’s stock worth $797,000 after acquiring an additional 391 shares during the period. FMA Wealth Management LLC lifted its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 2.3% during the 4th quarter. FMA Wealth Management LLC now owns 22,954 shares of the company’s stock worth $596,000 after purchasing an additional 525 shares during the last quarter. Simplex Trading LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter worth about $26,000. Kitching Partners LLC lifted its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 4.3% during the 3rd quarter. Kitching Partners LLC now owns 43,432 shares of the company’s stock worth $1,170,000 after purchasing an additional 1,784 shares during the last quarter. Finally, Andina Capital Management LLC boosted its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 5.8% during the 4th quarter. Andina Capital Management LLC now owns 35,840 shares of the company’s stock valued at $930,000 after purchasing an additional 1,957 shares during the period.
KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.6%
KMLM opened at $27.52 on Wednesday. The firm has a market capitalization of $264.19 million, a P/E ratio of 9.85 and a beta of -0.37. The stock’s 50 day moving average price is $28.70 and its two-hundred day moving average price is $27.62. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12-month low of $25.77 and a 12-month high of $30.17.
KraneShares Mount Lucas Managed Futures Index Strategy ETF Company Profile
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.
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