Valmark Advisers Inc. Decreases Stock Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Valmark Advisers Inc. decreased its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 53.6% during the first quarter, Holdings Channel reports. The firm owned 218,130 shares of the company’s stock after selling 252,117 shares during the quarter. Valmark Advisers Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $6,577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DBMF. MBM Wealth Consultants LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at $30,000. Capital Advisors Ltd. LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth $34,000. MidAtlantic Capital Management Inc. purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at $48,000. LFA Lugano Financial Advisors SA lifted its holdings in 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 valued at $85,000 after acquiring an additional 1,013 shares during the period. Finally, Lloyd Advisory Services LLC. bought a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.1%

Shares of iMGP DBi Managed Futures Strategy ETF stock traded up $0.04 during trading hours on Friday, reaching $30.80. 835,795 shares of the stock traded hands, compared to its average volume of 1,505,184. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.34 and a one year high of $31.66. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The company has a 50 day moving average price of $30.85 and a 200 day moving average price of $30.27.

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.