Integrated Wealth Concepts LLC Has $234,000 Stock Position in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM)

Integrated Wealth Concepts LLC reduced its holdings in KFA Mount Lucas Managed Futures Index Strategy ETF (NYSEARCA:KMLM) by 5.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 8,007 shares of the company’s stock after selling 469 shares during the period. Integrated Wealth Concepts LLC’s holdings in KFA Mount Lucas Managed Futures Index Strategy ETF were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC acquired a new stake in shares of KFA Mount Lucas Managed Futures Index Strategy ETF in the third quarter worth $58,000. Nvwm LLC boosted its holdings in KFA Mount Lucas Managed Futures Index Strategy ETF by 5.9% in the 3rd quarter. Nvwm LLC now owns 19,060 shares of the company’s stock valued at $557,000 after purchasing an additional 1,058 shares during the period. Finally, Captrust Financial Advisors grew its position in KFA Mount Lucas Managed Futures Index Strategy ETF by 6.3% in the 3rd quarter. Captrust Financial Advisors now owns 127,752 shares of the company’s stock worth $3,734,000 after purchasing an additional 7,610 shares during the last quarter.

KFA Mount Lucas Managed Futures Index Strategy ETF Stock Performance

Shares of KMLM opened at $28.08 on Friday. The company has a 50-day simple moving average of $27.98 and a 200-day simple moving average of $28.85. KFA Mount Lucas Managed Futures Index Strategy ETF has a 52 week low of $27.47 and a 52 week high of $31.40. The firm has a market capitalization of $255.53 million, a P/E ratio of 11.56 and a beta of -0.14.

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.