Longview Financial Advisors Inc. Boosts Position in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Longview Financial Advisors Inc. raised its stake in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 16.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 123,627 shares of the company’s stock after buying an additional 17,748 shares during the period. KFA Mount Lucas Managed Futures Index Strategy ETF comprises 2.7% of Longview Financial Advisors Inc.’s holdings, making the stock its 12th biggest holding. Longview Financial Advisors Inc.’s holdings in KFA Mount Lucas Managed Futures Index Strategy ETF were worth $3,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth about $58,000. Nvwm LLC raised its holdings in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 5.9% in the 3rd quarter. Nvwm LLC now owns 19,060 shares of the company’s stock valued at $557,000 after purchasing an additional 1,058 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% in the 3rd quarter. Captrust Financial Advisors now owns 127,752 shares of the company’s stock worth $3,734,000 after purchasing an additional 7,610 shares during the period. Finally, Strategic Blueprint LLC bought a new position in shares of KFA Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at approximately $212,000.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Up 1.3 %

Shares of NYSEARCA:KMLM opened at $27.16 on Wednesday. The firm has a 50 day moving average of $27.81 and a 200 day moving average of $28.35. The company has a market capitalization of $247.16 million, a price-to-earnings ratio of 11.56 and a beta of -0.14. KFA Mount Lucas Managed Futures Index Strategy ETF has a 52 week low of $26.79 and a 52 week high of $31.40.

KFA 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.