Leelyn Smith LLC Raises Stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Leelyn Smith LLC lifted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 214,268 shares of the company’s stock after purchasing an additional 29,505 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises 1.2% of Leelyn Smith LLC’s portfolio, making the stock its 19th largest holding. Leelyn Smith LLC owned approximately 0.61% of iMGP DBi Managed Futures Strategy ETF worth $6,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Naviter Wealth LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 477.7% in the 1st quarter. Naviter Wealth LLC now owns 1,514,886 shares of the company’s stock worth $43,447,000 after buying an additional 1,252,680 shares in the last quarter. CWM LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 17.3% during the second quarter. CWM LLC now owns 1,418,236 shares of the company’s stock worth $42,632,000 after purchasing an additional 208,734 shares in the last quarter. Litman Gregory Wealth Management LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 17.6% during the 2nd quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock valued at $27,473,000 after purchasing an additional 136,920 shares during the period. New York Life Investment Management LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 74.2% during the 2nd quarter. New York Life Investment Management LLC now owns 292,707 shares of the company’s stock valued at $8,799,000 after purchasing an additional 124,704 shares during the period. Finally, Austin Wealth Management LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 176.2% in the 4th quarter. Austin Wealth Management LLC now owns 193,095 shares of the company’s stock worth $5,204,000 after purchasing an additional 123,182 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF opened at $27.99 on Friday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.63. The company has a 50 day simple moving average of $28.45 and a two-hundred day simple moving average of $28.90. The firm has a market cap of $977.69 million, a P/E ratio of 24.50 and a beta of 0.04.

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.