Nvwm LLC Buys 1,557 Shares of KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Nvwm LLC raised its holdings in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 8.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,617 shares of the company’s stock after acquiring an additional 1,557 shares during the period. Nvwm LLC owned about 0.23% of KFA Mount Lucas Managed Futures Index Strategy ETF worth $579,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in KMLM. Farther Finance Advisors LLC bought a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF in the third quarter valued at $58,000. Strategic Blueprint LLC bought a new position in KFA Mount Lucas Managed Futures Index Strategy ETF in the fourth quarter worth approximately $212,000. Finally, Captrust Financial Advisors grew its stake in KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% in the third quarter. Captrust Financial Advisors now owns 127,752 shares of the company’s stock valued at $3,734,000 after acquiring an additional 7,610 shares during the period.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Down 0.5 %

Shares of NYSEARCA:KMLM opened at $26.96 on Thursday. KFA Mount Lucas Managed Futures Index Strategy ETF has a twelve month low of $26.79 and a twelve month high of $31.40. The stock’s 50 day moving average is $27.94 and its 200-day moving average is $28.52. The firm has a market capitalization of $245.34 million, a price-to-earnings ratio of 11.56 and a beta of -0.14.

About KFA 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.