Frontier Asset Management LLC Buys Shares of 30,954 KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Frontier Asset Management LLC bought a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 30,954 shares of the company’s stock, valued at approximately $870,000.

Other large investors also recently bought and sold shares of the company. Magnolia Private Wealth LLC acquired a new stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at $1,902,000. Longview Financial Advisors Inc. boosted its stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 16.8% during the fourth quarter. Longview Financial Advisors Inc. now owns 123,627 shares of the company’s stock valued at $3,474,000 after acquiring an additional 17,748 shares during the last quarter. Nvwm LLC boosted its stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 8.2% during the fourth quarter. Nvwm LLC now owns 20,617 shares of the company’s stock valued at $579,000 after acquiring an additional 1,557 shares during the last quarter. Strategic Blueprint LLC acquired a new stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF during the fourth quarter valued at $212,000. Finally, Captrust Financial Advisors boosted its stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% during 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 during the last quarter.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Up 0.6 %

KMLM opened at $27.36 on Friday. The firm has a market cap of $333.79 million, a P/E ratio of 10.05 and a beta of -0.36. KFA Mount Lucas Managed Futures Index Strategy ETF has a 52 week low of $26.79 and a 52 week high of $31.40. The business’s fifty day simple moving average is $27.53 and its 200 day simple moving average is $28.18.

KFA 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.