Magnolia Private Wealth LLC Acquires New Shares in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Magnolia Private Wealth LLC bought a new position in shares of KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 67,684 shares of the company’s stock, valued at approximately $1,902,000. KFA Mount Lucas Managed Futures Index Strategy ETF comprises approximately 1.1% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 15th largest holding. Magnolia Private Wealth LLC owned 0.74% of KFA Mount Lucas Managed Futures Index Strategy ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC acquired a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth $58,000. Strategic Blueprint LLC purchased a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF in the 4th quarter valued at about $212,000. Nvwm LLC lifted its position in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 5.9% during the 3rd quarter. Nvwm LLC now owns 19,060 shares of the company’s stock worth $557,000 after buying an additional 1,058 shares in the last quarter. Longview Financial Advisors Inc. boosted its stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 16.8% in the 4th quarter. Longview Financial Advisors Inc. now owns 123,627 shares of the company’s stock worth $3,474,000 after buying an additional 17,748 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of 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 in the last quarter.

KFA Mount Lucas Managed Futures Index Strategy ETF Trading Down 1.0 %

Shares of KFA Mount Lucas Managed Futures Index Strategy ETF stock opened at $26.90 on Wednesday. The business’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $28.29. KFA Mount Lucas Managed Futures Index Strategy ETF has a 12 month low of $26.79 and a 12 month high of $31.40. The firm has a market capitalization of $244.79 million, a P/E ratio of 11.56 and a beta of -0.14.

KFA Mount Lucas Managed Futures Index Strategy ETF 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.