Longview Financial Advisors Inc. Grows Stake in iMGP DBi Managed Futures Strategy ETF $DBMF

Longview Financial Advisors Inc. increased its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 181,207 shares of the company’s stock after purchasing an additional 31,444 shares during the period. iMGP DBi Managed Futures Strategy ETF accounts for approximately 3.2% of Longview Financial Advisors Inc.’s investment portfolio, making the stock its 12th biggest position. Longview Financial Advisors Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $5,547,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MBM Wealth Consultants LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 1st quarter worth about $30,000. Capital Advisors Ltd. LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter valued at approximately $34,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $48,000. LFA Lugano Financial Advisors SA raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares during the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $87,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA:DBMF opened at $30.63 on Tuesday. The business’s 50 day moving average price is $30.88 and its 200-day moving average price is $30.54. The firm has a market capitalization of $4.09 billion, a PE ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.50 and a 1 year high of $31.66.

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.