1,616,384 Shares in KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM Bought by Money Concepts Capital Corp

Money Concepts Capital Corp acquired a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,616,384 shares of the company’s stock, valued at approximately $50,253,000. KraneShares Mount Lucas Managed Futures Index Strategy ETF comprises 2.2% of Money Concepts Capital Corp’s holdings, making the stock its 8th largest position. Money Concepts Capital Corp owned about 8.16% of KraneShares Mount Lucas Managed Futures Index Strategy ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Altiora Financial Group LLC grew its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 214.1% in the 3rd quarter. Altiora Financial Group LLC now owns 75,300 shares of the company’s stock worth $2,341,000 after acquiring an additional 51,325 shares during the period. Abbington Investment Group lifted its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 10.5% during the 3rd quarter. Abbington Investment Group now owns 279,147 shares of the company’s stock worth $8,679,000 after purchasing an additional 26,423 shares during the period. Kestra Advisory Services LLC acquired a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the third quarter worth $228,000. Claro Advisors Inc. boosted its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 205.6% during the third quarter. Claro Advisors Inc. now owns 40,583 shares of the company’s stock worth $1,262,000 after purchasing an additional 27,305 shares during the last quarter. Finally, Compass Financial Management LLC grew its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1,571.4% in 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.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 1.8%

Shares of NYSEARCA:KMLM opened at $29.78 on Friday. The company has a market cap of $597.09 million, a P/E ratio of 9.85 and a beta of -0.39. The business has a fifty day simple moving average of $30.64 and a 200-day simple moving average of $28.87. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 52 week low of $25.77 and a 52 week high of $31.74.

KraneShares Mount Lucas Managed Futures Index Strategy ETF 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.