iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,750 shares of the company’s stock after acquiring an additional 1,250 shares during the period. Moors & Cabot Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of DBMF. Parcion Private Wealth LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $31,817,000. Litman Gregory Wealth Management LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 50.6% during the 4th quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after acquiring an additional 498,845 shares during the period. Raymond James Financial Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $8,144,000. Rainey & Randall Wealth Advisors Inc. lifted its stake in iMGP DBi Managed Futures Strategy ETF by 912.7% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 320,309 shares of the company’s stock valued at $8,379,000 after acquiring an additional 288,680 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $6,147,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF opened at $25.35 on Monday. The firm has a fifty day moving average price of $26.22 and a 200 day moving average price of $26.98. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.71 and a 1 year high of $30.63. The stock has a market cap of $1.32 billion, a P/E ratio of 24.50 and a beta of -0.15.

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.