iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sets New 1-Year High at $29.78

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $29.78 and last traded at $29.77, with a volume of 24712 shares traded. The stock had previously closed at $29.27.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.2 %

The company’s 50 day moving average price is $27.90 and its two-hundred day moving average price is $27.52. The firm has a market cap of $754.63 million, a PE ratio of 24.50 and a beta of -0.14.

Hedge Funds Weigh In On iMGP DBi Managed Futures Strategy ETF

A number of hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $28,000. Fairman Group LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $39,000. Qube Research & Technologies Ltd bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at approximately $46,000. Fortis Capital Advisors LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $67,000. Finally, Tower Research Capital LLC TRC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at approximately $83,000.

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.