2,000 Shares in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC purchased a new position in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,000 shares of the company’s stock, valued at approximately $58,000.

Separately, ORG Partners LLC acquired a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF during the 2nd quarter valued at $1,029,000.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Performance

Shares of NYSEARCA:KMLM opened at $28.10 on Thursday. The business’s fifty day moving average price is $28.69 and its two-hundred day moving average price is $29.14. The stock has a market cap of $255.71 million, a PE ratio of 11.56 and a beta of -0.14. KFA Mount Lucas Managed Futures Index Strategy ETF has a one year low of $27.55 and a one year high of $31.50.

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.