Jaffetilchin Investment Partners LLC Buys New Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Jaffetilchin Investment Partners LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,963 shares of the company’s stock, valued at approximately $228,000.

A number of other large investors also recently bought and sold shares of the stock. Naviter Wealth LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 477.7% in the first quarter. Naviter Wealth LLC now owns 1,514,886 shares of the company’s stock worth $43,447,000 after acquiring an additional 1,252,680 shares in the last quarter. CWM LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 288.2% in the 4th quarter. CWM LLC now owns 1,039,205 shares of the company’s stock valued at $26,770,000 after purchasing an additional 771,522 shares in the last quarter. Family Investment Center Inc. raised its position in iMGP DBi Managed Futures Strategy ETF by 5,481.4% in the first quarter. Family Investment Center Inc. now owns 512,931 shares of the company’s stock valued at $14,711,000 after purchasing an additional 503,741 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1,011.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 235,783 shares of the company’s stock worth $6,074,000 after purchasing an additional 214,561 shares in the last quarter. Finally, Sound Financial Strategies Group LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth about $4,311,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF stock traded down $0.92 during trading hours on Friday, reaching $27.50. The company had a trading volume of 3,196,774 shares, compared to its average volume of 345,195. The stock’s fifty day simple moving average is $29.75 and its 200 day simple moving average is $28.68. The company has a market capitalization of $960.58 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63.

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.