Legacy Capital Wealth Partners LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,434 shares of the company’s stock, valued at approximately $482,000. Legacy Capital Wealth Partners LLC owned 0.05% of iMGP DBi Managed Futures Strategy ETF at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in the company. Litman Gregory Wealth Management LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% during 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 period. Fortitude Family Office LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $6,147,000. OneDigital Investment Advisors LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after purchasing an additional 200,877 shares during the period. Private Advisor Group LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 126.6% during the 3rd quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock valued at $6,476,000 after purchasing an additional 128,611 shares during the period. Finally, Scarborough Advisors LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $3,177,000.
iMGP DBi Managed Futures Strategy ETF Stock Performance
NYSEARCA:DBMF opened at $26.43 on Monday. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.98 and a 52-week high of $30.63. The firm has a market cap of $923.20 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The business’s fifty day moving average is $26.65 and its 200 day moving average is $27.25.
iMGP DBi Managed Futures Strategy ETF Company 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.
Further Reading
- Five stocks we like better than iMGP DBi Managed Futures Strategy ETF
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- How to Calculate Stock Profit
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
Receive News & Ratings for iMGP DBi Managed Futures Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMGP DBi Managed Futures Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
