Trademark Financial Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 24,577 shares of the company’s stock, valued at approximately $741,000.
A number of other large investors have also made changes to their positions in DBMF. Fortitude Family Office LLC grew its stake 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 valued at $12,589,000 after acquiring an additional 116,484 shares during the period. Carrera Capital Advisors acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $5,490,000. AmeriServ Wealth Advisors acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $2,171,000. FMA Wealth Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $6,944,000. Finally, Aspiriant LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $3,665,000.
iMGP DBi Managed Futures Strategy ETF Stock Performance
Shares of DBMF opened at $30.33 on Friday. The stock has a 50 day simple moving average of $30.85 and a 200 day simple moving average of $30.21. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.34 and a 52-week high of $31.66. The firm has a market capitalization of $3.90 billion, a PE ratio of 24.50 and a beta of -0.20.
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.
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Want to see what other hedge funds are holding DBMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report).
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