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

KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) shot up 0% during trading on Friday . The stock traded as high as $29.59 and last traded at $29.42. 45,816 shares were traded during trading, a decline of 60% from the average session volume of 114,247 shares. The stock had previously closed at $29.41.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Performance

The stock’s 50-day simple moving average is $29.47 and its 200 day simple moving average is $29.64. The company has a market capitalization of $267.72 million, a PE ratio of 11.56 and a beta of -0.14.

Institutional Trading of KFA Mount Lucas Managed Futures Index Strategy ETF

An institutional investor recently raised its position in KFA Mount Lucas Managed Futures Index Strategy ETF stock. Nvwm LLC increased its holdings in shares of KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 4.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,965 shares of the company’s stock after purchasing an additional 660 shares during the quarter. Nvwm LLC owned approximately 0.19% of KFA Mount Lucas Managed Futures Index Strategy ETF worth $507,000 at the end of the most recent quarter.

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.