Magnolia Private Wealth LLC Makes New $1.90 Million Investment in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Magnolia Private Wealth LLC acquired a new stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 67,684 shares of the company’s stock, valued at approximately $1,902,000. KFA Mount Lucas Managed Futures Index Strategy ETF accounts for about 1.1% of Magnolia Private Wealth LLC’s investment portfolio, making the stock its 15th largest position.

Other large investors also recently modified their holdings of the company. Captrust Financial Advisors raised its stake in KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% during the 3rd quarter. Captrust Financial Advisors now owns 127,752 shares of the company’s stock valued at $3,734,000 after purchasing an additional 7,610 shares during the period. Longview Financial Advisors Inc. boosted its holdings in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 16.8% during the 4th quarter. Longview Financial Advisors Inc. now owns 123,627 shares of the company’s stock valued at $3,474,000 after purchasing an additional 17,748 shares during the last quarter. Nvwm LLC increased its holdings in shares of KFA Mount Lucas Managed Futures Index Strategy ETF by 8.2% in the fourth quarter. Nvwm LLC now owns 20,617 shares of the company’s stock worth $579,000 after purchasing an additional 1,557 shares during the last quarter. Strategic Blueprint LLC purchased a new position in KFA Mount Lucas Managed Futures Index Strategy ETF during the 4th quarter valued at approximately $212,000. Finally, Farther Finance Advisors LLC bought a new stake in KFA Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth $58,000.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Performance

NYSEARCA KMLM opened at $26.90 on Wednesday. The business’s 50 day moving average price is $27.72 and its 200-day moving average price is $28.29. The company has a market cap of $244.79 million, a P/E ratio of 11.56 and a beta of -0.14. KFA Mount Lucas Managed Futures Index Strategy ETF has a fifty-two week low of $26.79 and a fifty-two week high of $31.40.

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.