CreativeOne Wealth LLC Sells 5,018 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

CreativeOne Wealth LLC cut its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 29.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 12,204 shares of the company’s stock after selling 5,018 shares during the period. CreativeOne Wealth LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $308,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1,580.4% during the first quarter. LPL Financial LLC now owns 4,907,416 shares of the company’s stock valued at $123,961,000 after acquiring an additional 4,615,371 shares during the last quarter. CWM LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 12.7% during the first quarter. CWM LLC now owns 2,779,372 shares of the company’s stock valued at $70,207,000 after acquiring an additional 312,802 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 47.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,666 shares of the company’s stock valued at $49,855,000 after acquiring an additional 638,360 shares during the last quarter. Royal Bank of Canada raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 2,732.6% during the fourth quarter. Royal Bank of Canada now owns 1,319,898 shares of the company’s stock valued at $34,529,000 after acquiring an additional 1,273,302 shares during the last quarter. Finally, Goldstein Advisors LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 24.0% during the first quarter. Goldstein Advisors LLC now owns 1,203,999 shares of the company’s stock valued at $30,413,000 after acquiring an additional 233,042 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.5%

Shares of NYSEARCA:DBMF opened at $25.95 on Tuesday. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 24.50 and a beta of -0.14. The company has a 50-day moving average price of $25.81 and a 200-day moving average price of $25.53. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $24.52 and a 12 month high of $28.55.

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.