Kestra Investment Management LLC Makes New $39,000 Investment in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Kestra Investment Management LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,501 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors have also bought and sold shares of the business. Lake Street Private Wealth LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 1.7% in the 4th quarter. Lake Street Private Wealth LLC now owns 26,752 shares of the company’s stock worth $700,000 after buying an additional 453 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% during the 3rd quarter. Strategic Blueprint LLC now owns 21,223 shares of the company’s stock valued at $597,000 after purchasing an additional 484 shares during the last quarter. ORG Partners LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% during the 4th quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock valued at $201,000 after purchasing an additional 570 shares during the last quarter. Retirement Financial Solutions LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.4% during the 3rd quarter. Retirement Financial Solutions LLC now owns 25,049 shares of the company’s stock valued at $705,000 after purchasing an additional 577 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.3% during the 3rd quarter. Atria Investments Inc now owns 11,911 shares of the company’s stock valued at $335,000 after purchasing an additional 702 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 1.1 %

DBMF opened at $26.27 on Friday. The firm has a 50-day simple moving average of $26.57 and a two-hundred day simple moving average of $27.22. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.98 and a 52 week high of $30.63. The company has a market capitalization of $917.61 million, a PE ratio of 24.50 and a beta of 0.04.

About iMGP DBi Managed Futures Strategy ETF

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.