iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) is Goldstein Advisors LLC’s 8th Largest Position

Goldstein Advisors LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 24.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,203,999 shares of the company’s stock after acquiring an additional 233,042 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises about 4.4% of Goldstein Advisors LLC’s holdings, making the stock its 8th biggest holding. Goldstein Advisors LLC owned 2.52% of iMGP DBi Managed Futures Strategy ETF worth $30,413,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Transce3nd LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $49,000. Comerica Bank raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 140.4% during the 4th quarter. Comerica Bank now owns 3,674 shares of the company’s stock valued at $96,000 after buying an additional 2,146 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $209,000. Octavia Wealth Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the first quarter worth approximately $211,000. Finally, Focus Financial Network Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the first quarter worth approximately $213,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.1%

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $25.76 on Thursday. The firm has a market cap of $1.21 billion, a PE ratio of 24.50 and a beta of -0.17. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $24.52 and a 52 week high of $30.63. The business’s fifty day simple moving average is $25.34 and its 200-day simple moving average is $25.82.

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.