iMGP DBi Managed Futures Strategy ETF $DBMF Shares Sold by Family Office Research LLC

Family Office Research LLC reduced its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 60.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,557 shares of the company’s stock after selling 20,563 shares during the quarter. Family Office Research LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $397,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Frazier Financial Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $370,000. Lloyd Advisory Services LLC. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $87,000. Ignite Planners LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $367,000. Axxcess Wealth Management LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 107.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 870,474 shares of the company’s stock worth $24,425,000 after buying an additional 450,006 shares during the period. Finally, Global Retirement Partners LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 5.5% during the fourth quarter. Global Retirement Partners LLC now owns 29,058 shares of the company’s stock worth $815,000 after buying an additional 1,527 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.3%

Shares of DBMF opened at $31.17 on Wednesday. The firm’s 50-day moving average is $30.55 and its two-hundred day moving average is $29.80. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.18 and a twelve month high of $31.66. The firm has a market capitalization of $3.61 billion, a P/E ratio of 24.50 and a beta of -0.21.

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.