iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sees Strong Trading Volume – What’s Next?

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) saw an uptick in trading volume on Friday . 3,521,413 shares were traded during trading, an increase of 136% from the previous session’s volume of 1,489,254 shares.The stock last traded at $31.41 and had previously closed at $31.49.

iMGP DBi Managed Futures Strategy ETF Stock Performance

The firm has a market cap of $3.99 billion, a P/E ratio of 24.50 and a beta of -0.20. The firm’s fifty day moving average price is $30.90 and its 200 day moving average price is $30.43.

Hedge Funds Weigh In On iMGP DBi Managed Futures Strategy ETF

Several institutional investors have recently bought and sold shares of DBMF. MBM Wealth Consultants LLC bought a new position in iMGP DBi Managed Futures Strategy ETF in the first quarter worth approximately $30,000. Capital Advisors Ltd. LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the first quarter worth $34,000. MidAtlantic Capital Management Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $48,000. LFA Lugano Financial Advisors SA boosted its position in iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $87,000.

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.