32,151 Shares in KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM Bought by Tactive Advisors LLC

Tactive Advisors LLC acquired a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,151 shares of the company’s stock, valued at approximately $1,000,000.

Several other institutional investors also recently made changes to their positions in KMLM. Envestnet Asset Management Inc. lifted its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 64.7% in the second quarter. Envestnet Asset Management Inc. now owns 270,164 shares of the company’s stock valued at $7,435,000 after purchasing an additional 106,093 shares during the period. Manning & Napier Advisors LLC increased its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 107.1% in the 1st 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 in the last quarter. Longview Financial Advisors Inc. raised its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 6.0% during the first 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. Latitude Advisors LLC grew its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 0.7% in the first quarter. Latitude Advisors LLC now owns 79,276 shares of the company’s stock valued at $2,236,000 after purchasing an additional 529 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 119.8% in the first quarter. Royal Bank of Canada now owns 38,579 shares of the company’s stock valued at $1,088,000 after buying an additional 21,025 shares in the last quarter.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Performance

NYSEARCA KMLM traded down $0.12 during trading hours on Thursday, reaching $31.30. The company’s stock had a trading volume of 256,882 shares, compared to its average volume of 267,309. The company’s 50-day moving average is $29.99 and its two-hundred day moving average is $29.06. 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. The stock has a market cap of $565.04 million, a PE ratio of 9.85 and a beta of -0.36.

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.