Fifth Third Securities Inc. bought a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,459 shares of the company’s stock, valued at approximately $404,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. US Bancorp DE bought a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $29,000. Concourse Financial Group Securities Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth about $42,000. Matrix Trust Co bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth about $111,000. Raleigh Capital Management Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth about $174,000. Finally, ORG Partners LLC boosted 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 valued at $201,000 after buying an additional 570 shares during the last quarter.
iMGP DBi Managed Futures Strategy ETF Price Performance
NYSEARCA:DBMF opened at $26.47 on Friday. The company has a market cap of $924.60 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.98 and a 1 year high of $30.63. The stock’s 50 day simple moving average is $26.79 and its two-hundred day simple moving average is $27.48.
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.
See Also
- Five stocks we like better than iMGP DBi Managed Futures Strategy ETF
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
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).
Receive News & Ratings for iMGP DBi Managed Futures Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMGP DBi Managed Futures Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
