10,189 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Bought by Genesis Wealth Advisors LLC

Genesis Wealth Advisors LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 10,189 shares of the company’s stock, valued at approximately $267,000.

Other institutional investors have also made changes to their positions in the company. US Bancorp DE acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth $29,000. Kestra Investment Management LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $39,000. Stonebridge Financial Group LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $63,000. New Wave Wealth Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $67,000. Finally, Elevation Wealth Partners LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $120,000.

iMGP DBi Managed Futures Strategy ETF Trading Down 1.1 %

NYSEARCA:DBMF opened at $26.27 on Monday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.98 and a 1 year high of $30.63. The stock has a market cap of $917.61 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The stock has a 50-day moving average price of $26.57 and a two-hundred day moving average price of $27.22.

iMGP DBi Managed Futures Strategy ETF Company 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.