9,451 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Acquired by Advyzon Investment Management LLC

Advyzon Investment Management LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 9,451 shares of the company’s stock, valued at approximately $247,000.

A number of other institutional investors have also recently modified their holdings of DBMF. FMA Wealth Management LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.8% during the 4th quarter. FMA Wealth Management LLC now owns 229,079 shares of the company’s stock worth $5,993,000 after buying an additional 18,563 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 39.8% during the fourth quarter. Private Advisor Group LLC now owns 321,786 shares of the company’s stock worth $8,418,000 after buying an additional 91,578 shares during the last quarter. Longview Financial Advisors Inc. increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 5.3% during the fourth quarter. Longview Financial Advisors Inc. now owns 128,758 shares of the company’s stock worth $3,368,000 after buying an additional 6,449 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $39,000. Finally, Truist Financial Corp boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 13.9% during the 4th quarter. Truist Financial Corp now owns 312,986 shares of the company’s stock valued at $8,188,000 after acquiring an additional 38,255 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.6 %

Shares of DBMF stock opened at $26.55 on Friday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.98 and a twelve month high of $30.63. The stock’s fifty day simple moving average is $26.61 and its 200 day simple moving average is $27.22. The firm has a market capitalization of $927.39 million, a P/E ratio of 24.50 and a beta of 0.04.

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.