Matrix Trust Co Purchases 25,579 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Matrix Trust Co boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 647.9% during the 4th quarter, HoldingsChannel reports. The fund owned 29,527 shares of the company’s stock after purchasing an additional 25,579 shares during the period. Matrix Trust Co’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $772,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DBMF. US Bancorp DE bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $29,000. Concourse Financial Group Securities Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $42,000. ORG Partners LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 8.0% during the fourth quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock worth $201,000 after acquiring an additional 570 shares during the last quarter. Moors & Cabot Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $211,000. Finally, Brighton Jones LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the second quarter worth approximately $220,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA DBMF opened at $26.77 on Monday. The business’s 50 day moving average is $26.94 and its two-hundred day moving average is $27.84. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.98 and a 1-year high of $30.63. The stock has a market capitalization of $935.08 million, a P/E ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF 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.