iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 145.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 567,703 shares of the company’s stock after purchasing an additional 336,869 shares during the period. Commonwealth Equity Services LLC owned 1.63% of iMGP DBi Managed Futures Strategy ETF worth $14,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parcion Private Wealth LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $31,817,000. Litman Gregory Wealth Management LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 50.6% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after purchasing an additional 498,845 shares during the last quarter. Raymond James Financial Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $8,144,000. Rainey & Randall Wealth Advisors Inc. lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 912.7% in the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 320,309 shares of the company’s stock valued at $8,379,000 after purchasing an additional 288,680 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $6,147,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4 %

DBMF stock opened at $25.45 on Tuesday. The stock’s fifty day simple moving average is $26.21 and its 200-day simple moving average is $26.96. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.71 and a 52-week high of $30.63. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15.

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.