KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM Shares Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lifted its position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 107.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 159,971 shares of the company’s stock after purchasing an additional 82,745 shares during the period. Manning & Napier Advisors LLC’s holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF were worth $4,524,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Simplex Trading LLC acquired a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the fourth quarter valued at $26,000. Advisory Services Network LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter worth about $148,000. Signet Private Wealth LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter worth about $258,000. Worth Asset Management LLC acquired a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 1st quarter worth about $273,000. Finally, Signal Advisors Wealth LLC purchased a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 1st quarter valued at about $368,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Performance

Shares of NYSEARCA KMLM remained flat at $28.10 during midday trading on Friday. The stock had a trading volume of 235,187 shares, compared to its average volume of 218,388. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 1-year low of $25.77 and a 1-year high of $30.17. The company has a market cap of $318.94 million, a P/E ratio of 9.85 and a beta of -0.36. The firm has a fifty day simple moving average of $28.51 and a two-hundred day simple moving average of $27.66.

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.