Ameritas Advisory Services LLC Takes $745,000 Position in KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM

Ameritas Advisory Services LLC purchased a new stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) in the second quarter, Holdings Channel reports. The firm purchased 27,068 shares of the company’s stock, valued at approximately $745,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of KMLM. Simplex Trading LLC purchased a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter worth $26,000. Advisory Services Network LLC purchased a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the third quarter valued at $148,000. Signet Private Wealth LLC purchased a new position in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at $258,000. Worth Asset Management LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the first quarter valued at about $273,000. Finally, Compass Financial Management LLC bought a new stake in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF in the second quarter valued at about $277,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Price Performance

Shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF stock opened at $31.01 on Friday. The stock has a market cap of $444.99 million, a price-to-earnings ratio of 9.85 and a beta of -0.36. The firm’s 50-day moving average is $29.22 and its two-hundred day moving average is $28.60. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a 1 year low of $25.77 and a 1 year high of $31.11.

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