Proactive Wealth Strategies LLC Sells 730 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Proactive Wealth Strategies LLC reduced its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,433 shares of the company’s stock after selling 730 shares during the period. Proactive Wealth Strategies LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at approximately $29,000. Kestra Investment Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $39,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth $42,000. Stonebridge Financial Group LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth $63,000. Finally, New Wave Wealth Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $67,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF opened at $26.43 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.98 and a one year high of $30.63. The company’s fifty day moving average price is $26.65 and its 200 day moving average price is $27.25. The company has a market capitalization of $923.20 million, a PE ratio of 24.50 and a beta of 0.04.

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.