Lake Street Private Wealth LLC Purchases 453 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Lake Street Private Wealth LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,752 shares of the company’s stock after purchasing an additional 453 shares during the period. Lake Street Private Wealth LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $700,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth $29,000. Concourse Financial Group Securities Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $42,000. Matrix Trust Co bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $111,000. Brighton Jones LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at about $220,000. Finally, Moors & Cabot Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $211,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF stock opened at $26.73 on Friday. The stock has a market capitalization of $933.68 million, a PE ratio of 24.50 and a beta of 0.04. The business’s 50 day simple moving average is $26.91 and its 200 day simple moving average is $27.75. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.98 and a one year high of $30.63.

About iMGP DBi Managed Futures Strategy ETF

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.