Leelyn Smith LLC Grows Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Leelyn Smith LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 15.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 296,205 shares of the company’s stock after buying an additional 38,723 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises approximately 1.3% of Leelyn Smith LLC’s portfolio, making the stock its 17th biggest position. Leelyn Smith LLC owned about 0.26% of iMGP DBi Managed Futures Strategy ETF worth $8,931,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of DBMF. Fortitude Family Office LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 35.1% in the fourth quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock worth $12,589,000 after purchasing an additional 116,484 shares during the last quarter. Carrera Capital Advisors bought a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth approximately $5,490,000. FMA Wealth Management LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $6,944,000. Aspiriant LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $3,665,000. Finally, Prentice Wealth Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at $13,136,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF stock opened at $30.33 on Friday. The company has a market cap of $3.90 billion, a P/E ratio of 24.50 and a beta of -0.20. 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 $30.85 and its 200-day moving average price is $30.21.

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.