A&I Financial Services LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 166,945 shares of the company’s stock, valued at approximately $4,367,000. iMGP DBi Managed Futures Strategy ETF accounts for about 4.3% of A&I Financial Services LLC’s investment portfolio, making the stock its 3rd largest position.
Several other institutional investors also recently made changes to their positions in the stock. US Bancorp DE purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $29,000. Kestra Investment Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $39,000. Stonebridge Financial Group LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $63,000. New Wave Wealth Advisors LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $67,000. Finally, Elevation Wealth Partners LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $120,000.
iMGP DBi Managed Futures Strategy ETF Trading Down 0.1 %
NYSEARCA:DBMF opened at $25.93 on Friday. The firm’s fifty day simple moving average is $26.49 and its 200 day simple moving average is $27.19. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.86 and a twelve month high of $30.63. The firm has a market capitalization of $905.73 million, a price-to-earnings 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.
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