Hyundai Investments Co. Ltd. Acquires Shares of 17,018 iMGP DBi Managed Futures Strategy ETF $DBMF

Hyundai Investments Co. Ltd. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,018 shares of the company’s stock, valued at approximately $479,000.

Other hedge funds have also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $48,000. LFA Lugano Financial Advisors SA grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after acquiring an additional 1,013 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $87,000. Advisory Services Network LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth $152,000. Finally, Advisors Preferred LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $182,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA:DBMF opened at $30.88 on Tuesday. The company has a market cap of $3.58 billion, a P/E ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.34 and a 1 year high of $31.66. The stock’s fifty day moving average price is $30.77 and its 200-day moving average price is $30.05.

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.