iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sees Unusually-High Trading Volume – Time to Buy?

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFGet Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 4,835,810 shares were traded during mid-day trading, an increase of 855% from the previous session’s volume of 506,338 shares.The stock last traded at $25.51 and had previously closed at $25.49.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.1 %

The business has a 50-day moving average price of $26.42 and a two-hundred day moving average price of $27.13. The firm has a market cap of $1.33 billion, a PE ratio of 24.50 and a beta of -0.15.

Institutional Investors Weigh In On iMGP DBi Managed Futures Strategy ETF

Institutional investors have recently modified their holdings of the company. Lake Street Private Wealth LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 1.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 26,752 shares of the company’s stock worth $700,000 after purchasing an additional 453 shares in the last quarter. ORG Partners LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% in the 4th 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. Atria Investments Inc raised its stake in iMGP DBi Managed Futures Strategy ETF by 6.3% during the 3rd quarter. Atria Investments Inc now owns 11,911 shares of the company’s stock worth $335,000 after acquiring an additional 702 shares in the last quarter. Nwam LLC lifted its position in iMGP DBi Managed Futures Strategy ETF by 2.6% in the fourth quarter. Nwam LLC now owns 28,123 shares of the company’s stock valued at $736,000 after acquiring an additional 707 shares during the last quarter. Finally, US Bancorp DE acquired a new position in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at $29,000.

iMGP DBi Managed Futures Strategy ETF Company Profile

(Get Free Report)

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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