Nvwm LLC grew its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM – Free Report) by 18.2% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 23,307 shares of the company’s stock after purchasing an additional 3,593 shares during the period. Nvwm LLC’s holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF were worth $615,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp lifted its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 60.3% in the second quarter. Fifth Third Bancorp now owns 2,040 shares of the company’s stock valued at $54,000 after purchasing an additional 767 shares in the last quarter. ORG Wealth Partners LLC grew its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 8.1% during the second quarter. ORG Wealth Partners LLC now owns 30,334 shares of the company’s stock worth $801,000 after buying an additional 2,270 shares in the last quarter. PFG Investments LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 2nd quarter valued at $275,000. Wealthcare Capital Partners LLC raised its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 5.7% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 34,112 shares of the company’s stock valued at $900,000 after buying an additional 1,854 shares during the last quarter. Finally, Integrity Alliance LLC. bought a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 2nd quarter valued at $372,000.
KraneShares Mount Lucas Managed Futures Index Strategy ETF Price Performance
KMLM opened at $26.55 on Friday. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 1 year low of $25.28 and a 1 year high of $28.65. The company has a market capitalization of $177.89 million, a price-to-earnings ratio of 9.85 and a beta of -0.37. The firm’s fifty day moving average price is $26.89 and its two-hundred day moving average price is $26.58.
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.
Further Reading
- Five stocks we like better than KraneShares Mount Lucas Managed Futures Index Strategy ETF
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Growth Stocks: What They Are, Examples and How to Invest
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- What does consumer price index measure?
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Want to see what other hedge funds are holding KMLM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM – Free Report).
Receive News & Ratings for KraneShares Mount Lucas Managed Futures Index Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares Mount Lucas Managed Futures Index Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
