Ted Buchan & Co Acquires 20,262 Shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM

Ted Buchan & Co grew its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,854 shares of the company’s stock after acquiring an additional 20,262 shares during the quarter. KraneShares Mount Lucas Managed Futures Index Strategy ETF comprises 2.7% of Ted Buchan & Co’s investment portfolio, making the stock its 14th largest position. Ted Buchan & Co owned about 4.23% of KraneShares Mount Lucas Managed Futures Index Strategy ETF worth $7,236,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter valued at about $105,000. Advisory Services Network LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter valued at about $148,000. Wealthcare Capital Management LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter valued at about $209,000. WFA of San Diego LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 2nd quarter valued at about $415,000. Finally, Blueprint Investment Partners LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter valued at about $544,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Trading Up 0.2%

Shares of KMLM opened at $28.75 on Thursday. The stock has a 50-day moving average price of $28.78 and a 200-day moving average price of $27.44. The company has a market cap of $276 million, a PE ratio of 9.85 and a beta of -0.36. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 12-month low of $25.28 and a 12-month high of $30.17.

About KraneShares 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. KMLM was launched on Dec 2, 2020 and is managed by KraneShares.