iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Get Free Report) saw an uptick in trading volume on Tuesday . 391,867 shares traded hands during mid-day trading, an increase of 23% from the previous session’s volume of 318,338 shares.The stock last traded at $29.30 and had previously closed at $29.23.
iMGP DBi Managed Futures Strategy ETF Trading Up 0.5 %
The business’s 50-day simple moving average is $28.09 and its two-hundred day simple moving average is $27.53. The company has a market capitalization of $981.63 million, a PE ratio of 24.50 and a beta of -0.14.
Institutional Investors Weigh In On iMGP DBi Managed Futures Strategy ETF
Institutional investors have recently modified their holdings of the stock. Sound Income Strategies LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $28,000. Fairman Group LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $39,000. Concourse Financial Group Securities Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $111,000. Envestnet Portfolio Solutions Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $211,000. Finally, Moors & Cabot Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $215,000.
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.
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