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

Manning & Napier Advisors LLC boosted its stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 497.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 77,226 shares of the company’s stock after acquiring an additional 64,304 shares during the period. Manning & Napier Advisors LLC’s holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF were worth $2,006,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Blueprint Financial Advisors LLC acquired a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter worth $544,000. Blueprint Investment Partners LLC acquired a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the third quarter valued at $544,000. Abbington Investment Group boosted its holdings in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 26.2% in the fourth quarter. Abbington Investment Group now owns 190,466 shares of the company’s stock valued at $4,943,000 after acquiring an additional 39,582 shares during the last quarter. Nvwm LLC grew its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 146.2% during the fourth quarter. Nvwm LLC now owns 58,951 shares of the company’s stock valued at $1,530,000 after acquiring an additional 35,008 shares during the period. Finally, ORG Wealth Partners LLC grew its position in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1.3% during the fourth quarter. ORG Wealth Partners LLC now owns 30,714 shares of the company’s stock valued at $797,000 after acquiring an additional 391 shares during the period.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Price Performance

Shares of NYSEARCA:KMLM opened at $29.18 on Friday. The business has a 50-day moving average of $28.14 and a two-hundred day moving average of $27.11. The firm has a market capitalization of $280.13 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 $29.96.

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.