LPL Financial LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,637,634 shares of the company’s stock after buying an additional 355,157 shares during the period. LPL Financial LLC owned 6.97% of iMGP DBi Managed Futures Strategy ETF worth $158,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 35.1% during the fourth quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock valued at $12,589,000 after buying an additional 116,484 shares during the last quarter. Carrera Capital Advisors bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $5,490,000. AmeriServ Wealth Advisors bought a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter worth $2,171,000. FMA Wealth Management LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $6,944,000. Finally, Aspiriant LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $3,665,000.
iMGP DBi Managed Futures Strategy ETF Stock Performance
Shares of DBMF opened at $30.80 on Thursday. The company’s fifty day moving average is $30.74 and its 200 day moving average is $30.00. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.34 and a fifty-two week high of $31.66. The stock has a market capitalization of $3.57 billion, a PE ratio of 24.50 and a beta of -0.21.
iMGP DBi Managed Futures Strategy ETF 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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