Integrated Wealth Concepts LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 40.6% during the second quarter, Holdings Channel reports. The fund owned 170,990 shares of the company’s stock after acquiring an additional 49,374 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $5,234,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in DBMF. MBM Wealth Consultants LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 1st quarter worth approximately $30,000. Highland Investment Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 2nd quarter worth approximately $33,000. Capital Advisors Ltd. LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $34,000. Allworth Financial LP raised its stake in iMGP DBi Managed Futures Strategy ETF by 1,596.0% during the 2nd quarter. Allworth Financial LP now owns 1,713 shares of the company’s stock valued at $52,000 after purchasing an additional 1,612 shares during the period. Finally, MidAtlantic Capital Management Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $48,000.
iMGP DBi Managed Futures Strategy ETF Trading Up 0.2%
Shares of DBMF stock opened at $31.99 on Friday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $26.91 and a 1-year high of $32.01. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of 24.50 and a beta of -0.19. The stock’s fifty day simple moving average is $31.16 and its 200-day simple moving average is $30.85.
iMGP DBi Managed Futures Strategy ETF Increases Dividend
iMGP DBi Managed Futures Strategy ETF Company Profile
The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.
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Want to see what other hedge funds are holding DBMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report).
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