Moors & Cabot Inc. Invests $211,000 in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Moors & Cabot Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 3rd quarter, HoldingsChannel reports. The fund acquired 7,500 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors have also recently made changes to their positions in the business. Innova Wealth Partners grew its stake in iMGP DBi Managed Futures Strategy ETF by 220.1% during the 1st quarter. Innova Wealth Partners now owns 136,228 shares of the company’s stock worth $3,907,000 after purchasing an additional 93,666 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth approximately $228,000. Austin Wealth Management LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 16.6% in the first quarter. Austin Wealth Management LLC now owns 225,227 shares of the company’s stock valued at $6,687,000 after acquiring an additional 32,132 shares in the last quarter. Cetera Investment Advisers lifted its stake in iMGP DBi Managed Futures Strategy ETF by 211.7% in the first quarter. Cetera Investment Advisers now owns 152,623 shares of the company’s stock worth $4,377,000 after acquiring an additional 103,652 shares during the last quarter. Finally, Cetera Advisors LLC grew its holdings in iMGP DBi Managed Futures Strategy ETF by 117.9% during the 1st quarter. Cetera Advisors LLC now owns 20,370 shares of the company’s stock worth $584,000 after acquiring an additional 11,023 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.4 %

Shares of DBMF opened at $27.25 on Monday. The firm has a market capitalization of $951.84 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The firm’s fifty day simple moving average is $27.53 and its 200-day simple moving average is $28.52. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a dividend of $0.2507 per share. The ex-dividend date was Friday, September 27th.

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.