KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM Stock Acquired by Claro Advisors Inc.

Claro Advisors Inc. boosted its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 205.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,583 shares of the company’s stock after purchasing an additional 27,305 shares during the quarter. Claro Advisors Inc.’s holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF were worth $1,262,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 64.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 270,164 shares of the company’s stock worth $7,435,000 after purchasing an additional 106,093 shares during the last quarter. Compass Financial Management LLC increased its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1,571.4% during the third quarter. Compass Financial Management LLC now owns 164,636 shares of the company’s stock valued at $5,119,000 after purchasing an additional 154,786 shares during the period. Manning & Napier Advisors LLC increased its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 107.1% during the first quarter. Manning & Napier Advisors LLC now owns 159,971 shares of the company’s stock valued at $4,524,000 after purchasing an additional 82,745 shares during the period. Latitude Advisors LLC raised its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.4% during the third quarter. Latitude Advisors LLC now owns 79,946 shares of the company’s stock valued at $2,486,000 after purchasing an additional 1,119 shares in the last quarter. Finally, Nvwm LLC raised its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 5.0% during the third quarter. Nvwm LLC now owns 43,275 shares of the company’s stock valued at $1,345,000 after purchasing an additional 2,080 shares in the last quarter.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Trading Up 0.4%

KMLM stock traded up $0.12 during trading on Friday, hitting $29.21. The company had a trading volume of 560,037 shares, compared to its average volume of 286,095. The firm has a market capitalization of $578.36 million, a price-to-earnings ratio of 9.85 and a beta of -0.39. The business has a 50 day moving average of $30.71 and a 200 day moving average of $28.82. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a fifty-two week low of $25.77 and a fifty-two week high of $31.74.

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.