iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sees Strong Trading Volume – Here’s What Happened

Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) saw unusually-high trading volume on Monday . Approximately 5,716,208 shares were traded during trading, an increase of 266% from the previous session’s volume of 1,559,905 shares.The stock last traded at $30.60 and had previously closed at $30.92.

iMGP DBi Managed Futures Strategy ETF Stock Down 1.0%

The stock has a fifty day moving average of $30.89 and a 200-day moving average of $30.53. The firm has a market capitalization of $4.08 billion, a P/E ratio of 24.50 and a beta of -0.20.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC bought a new position 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 in the 1st quarter valued at $34,000. MidAtlantic Capital Management Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $48,000. LFA Lugano Financial Advisors SA grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the fourth 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 during the period. Finally, Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $87,000.

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.