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

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

Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter worth approximately $105,000. Advisory Services Network LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter worth approximately $148,000. Wealthcare Capital Management LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter worth approximately $209,000. WFA of San Diego LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 2nd quarter worth approximately $415,000. Finally, Blueprint Investment Partners LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the 3rd quarter worth approximately $544,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Price Performance

Shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF stock opened at $28.75 on Thursday. The business’s 50 day simple moving average is $28.78 and its two-hundred day simple moving average is $27.44. The stock has a market capitalization of $276 million, a P/E ratio of 9.85 and a beta of -0.36. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a one year low of $25.28 and a one year 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.