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

KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) was up 0% during mid-day trading on Friday . The company traded as high as $29.59 and last traded at $29.42. Approximately 45,816 shares changed hands during trading, a decline of 60% from the average daily 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 has a market cap of $267.72 million, a price-to-earnings ratio of 11.56 and a beta of -0.14. The company has a 50-day moving average of $29.47 and a 200-day moving average of $29.64.

Institutional Inflows and Outflows

An institutional investor recently raised its position in KFA Mount Lucas Managed Futures Index Strategy ETF stock. Nvwm LLC boosted its position in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 4.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,965 shares of the company’s stock after buying an additional 660 shares during the period. Nvwm LLC owned approximately 0.19% of KFA Mount Lucas Managed Futures Index Strategy ETF worth $507,000 as of its most recent SEC filing.

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.