Entrewealth LLC Invests $1.63 Million in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Entrewealth LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFFree Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 57,953 shares of the company’s stock, valued at approximately $1,632,000. iMGP DBi Managed Futures Strategy ETF makes up about 1.5% of Entrewealth LLC’s portfolio, making the stock its 19th biggest holding. Entrewealth LLC owned 0.17% of iMGP DBi Managed Futures Strategy ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DBMF. Parcion Private Wealth LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $31,817,000. Litman Gregory Wealth Management LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock worth $38,846,000 after buying an additional 498,845 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 145.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 567,703 shares of the company’s stock valued at $14,851,000 after acquiring an additional 336,869 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $8,144,000. Finally, Rainey & Randall Wealth Advisors Inc. grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 912.7% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 320,309 shares of the company’s stock worth $8,379,000 after acquiring an additional 288,680 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4 %

Shares of DBMF stock opened at $25.45 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $24.71 and a 12 month high of $30.63. The company’s fifty day simple moving average is $26.21 and its 200-day simple moving average is $26.96. The firm has a market cap of $1.14 billion, a PE ratio of 24.50 and a beta of -0.15.

About iMGP DBi Managed Futures Strategy ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

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