KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Trading Down 0%

KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)’s share price fell 0% on Wednesday . The company traded as low as $29.19 and last traded at $29.25. 36,907 shares changed hands during trading, a decline of 71% from the average session volume of 127,995 shares. The stock had previously closed at $29.26.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Performance

The firm has a market cap of $266.18 million, a P/E ratio of 11.56 and a beta of -0.14. The firm has a fifty day moving average of $29.37 and a 200-day moving average of $29.39.

Institutional Inflows and Outflows

An institutional investor recently raised its position in KFA Mount Lucas Managed Futures Index Strategy ETF stock. Nvwm LLC grew its holdings in shares of KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 339.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,305 shares of the company’s stock after purchasing an additional 12,593 shares during the period. Nvwm LLC owned approximately 0.19% of KFA Mount Lucas Managed Futures Index Strategy ETF worth $470,000 at the end of the most recent reporting period.

About KFA 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.