Manning & Napier Advisors LLC boosted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 103.0% during the 1st quarter, Holdings Channel reports. The fund owned 146,677 shares of the company’s stock after buying an additional 74,407 shares during the period. Manning & Napier Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $4,434,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in DBMF. MBM Wealth Consultants LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the first quarter valued at approximately $30,000. Capital Advisors Ltd. LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth approximately $34,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $48,000. LFA Lugano Financial Advisors SA lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after purchasing an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $87,000.
iMGP DBi Managed Futures Strategy ETF Trading Up 0.1%
NYSEARCA DBMF traded up $0.04 during mid-day trading on Friday, hitting $30.80. The company’s stock had a trading volume of 835,795 shares, compared to its average volume of 1,505,184. The company’s 50 day simple moving average is $30.85 and its 200 day simple moving average is $30.27. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.34 and a twelve month high of $31.66. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20.
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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Want to see what other hedge funds are holding DBMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report).
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