SKY Mountain Capital Management Inc. Purchases 37,226 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

SKY Mountain Capital Management Inc. grew its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 37.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 137,123 shares of the company’s stock after purchasing an additional 37,226 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up approximately 3.0% of SKY Mountain Capital Management Inc.’s investment portfolio, making the stock its 7th largest holding. SKY Mountain Capital Management Inc. owned 0.12% of iMGP DBi Managed Futures Strategy ETF worth $4,134,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ethos Financial Group LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.8% during the first quarter. Ethos Financial Group LLC now owns 149,281 shares of the company’s stock worth $4,501,000 after buying an additional 12,078 shares in the last quarter. Advisors Preferred LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 184.2% in the 1st quarter. Advisors Preferred LLC now owns 18,329 shares of the company’s stock valued at $553,000 after acquiring an additional 11,880 shares in the last quarter. Sanctuary Advisors LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 29.1% during the 1st quarter. Sanctuary Advisors LLC now owns 125,678 shares of the company’s stock worth $3,789,000 after acquiring an additional 28,321 shares during the last quarter. R. W. Roge & Company Inc. boosted its position in iMGP DBi Managed Futures Strategy ETF by 58.0% during the 1st quarter. R. W. Roge & Company Inc. now owns 87,437 shares of the company’s stock worth $2,636,000 after acquiring an additional 32,112 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $1,029,000.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.1%

Shares of DBMF opened at $30.99 on Thursday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.34 and a twelve month high of $31.66. The stock has a market capitalization of $3.86 billion, a P/E ratio of 24.50 and a beta of -0.20. The company has a 50 day moving average of $30.88 and a 200-day moving average of $30.31.

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.