iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Acquired by Professional Financial Advisors LLC

Professional Financial Advisors LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 7.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 109,849 shares of the company’s stock after buying an additional 7,963 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up about 0.9% of Professional Financial Advisors LLC’s holdings, making the stock its 19th biggest holding. Professional Financial Advisors LLC owned 0.43% of iMGP DBi Managed Futures Strategy ETF worth $2,830,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in DBMF. Sound Income Strategies LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth $28,000. Qube Research & Technologies Ltd acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $46,000. Fortis Capital Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $67,000. Tower Research Capital LLC TRC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $83,000. Finally, Morgan Stanley acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $84,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF traded up $0.35 during trading hours on Thursday, hitting $28.63. The company had a trading volume of 72,737 shares, compared to its average volume of 315,294. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $29.25. The company has a market capitalization of $730.64 million, a price-to-earnings ratio of 24.50 and a beta of -0.14. The firm’s 50 day moving average is $27.18 and its 200 day moving average is $27.46.

iMGP DBi Managed Futures Strategy ETF 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.