iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC lessened its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 11.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,278 shares of the company’s stock after selling 2,749 shares during the quarter. ORG Wealth Partners LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $530,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. US Bancorp DE purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $29,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $42,000. Matrix Trust Co purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $111,000. ORG Partners LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% during the fourth quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock worth $201,000 after buying an additional 570 shares during the period. Finally, Moors & Cabot Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $211,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF stock traded up $0.26 during trading hours on Friday, reaching $26.75. 229,937 shares of the stock were exchanged, compared to its average volume of 998,917. The business’s fifty day moving average is $26.95 and its two-hundred day moving average is $27.89. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.98 and a 12-month high of $30.63. The firm has a market capitalization of $934.38 million, a P/E ratio of 24.50 and a beta of 0.04.

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.