Longview Financial Advisors Inc. Raises Stake in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Longview Financial Advisors Inc. grew its position in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 16.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 123,627 shares of the company’s stock after purchasing an additional 17,748 shares during the quarter. KFA Mount Lucas Managed Futures Index Strategy ETF makes up about 2.7% of Longview Financial Advisors Inc.’s investment portfolio, making the stock its 12th largest holding. Longview Financial Advisors Inc. owned approximately 1.36% of KFA Mount Lucas Managed Futures Index Strategy ETF worth $3,474,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Captrust Financial Advisors increased its stake in KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% in the 3rd quarter. Captrust Financial Advisors now owns 127,752 shares of the company’s stock worth $3,734,000 after buying an additional 7,610 shares in the last quarter. Strategic Blueprint LLC purchased a new stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter worth about $212,000. Farther Finance Advisors LLC bought a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF during the 3rd quarter valued at approximately $58,000. Finally, Nvwm LLC raised its stake in KFA Mount Lucas Managed Futures Index Strategy ETF by 8.2% during the 4th quarter. Nvwm LLC now owns 20,617 shares of the company’s stock valued at $579,000 after purchasing an additional 1,557 shares during the period.

KFA Mount Lucas Managed Futures Index Strategy ETF Price Performance

KMLM stock opened at $27.16 on Wednesday. KFA Mount Lucas Managed Futures Index Strategy ETF has a 1-year low of $26.79 and a 1-year high of $31.40. The business has a 50 day simple moving average of $27.81 and a two-hundred day simple moving average of $28.35. The company has a market capitalization of $247.16 million, a price-to-earnings 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.