Claro Advisors Inc. Acquires 27,305 Shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF $KMLM

Claro Advisors Inc. grew its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 205.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,583 shares of the company’s stock after purchasing an additional 27,305 shares during the period. Claro Advisors Inc. owned 0.21% of KraneShares Mount Lucas Managed Futures Index Strategy ETF worth $1,262,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of KMLM. Compass Financial Management LLC boosted its holdings in shares of KraneShares Mount Lucas Managed Futures Index Strategy ETF by 1,571.4% in the 3rd quarter. Compass Financial Management LLC now owns 164,636 shares of the company’s stock valued at $5,119,000 after buying an additional 154,786 shares during the period. Envestnet Asset Management Inc. raised its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 64.7% during the second quarter. Envestnet Asset Management Inc. now owns 270,164 shares of the company’s stock worth $7,435,000 after acquiring an additional 106,093 shares during the period. Manning & Napier Advisors LLC raised its stake in KraneShares Mount Lucas Managed Futures Index Strategy ETF by 107.1% during the first quarter. Manning & Napier Advisors LLC now owns 159,971 shares of the company’s stock worth $4,524,000 after acquiring an additional 82,745 shares during the period. Tactive Advisors LLC bought a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth about $1,000,000. Finally, Ameritas Advisory Services LLC bought a new position in KraneShares Mount Lucas Managed Futures Index Strategy ETF in the second quarter worth about $745,000.

KraneShares Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.4%

KMLM stock traded up $0.12 during midday trading on Friday, reaching $29.21. The company had a trading volume of 560,037 shares, compared to its average volume of 286,095. The stock has a 50 day moving average price of $30.71 and a 200 day moving average price of $28.82. KraneShares Mount Lucas Managed Futures Index Strategy ETF has a fifty-two week low of $25.77 and a fifty-two week high of $31.74. The firm has a market capitalization of $578.36 million, a PE ratio of 9.85 and a beta of -0.39.

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.