Longview Financial Advisors Inc. Grows Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Longview Financial Advisors Inc. grew its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 181,207 shares of the company’s stock after acquiring an additional 31,444 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises approximately 3.2% of Longview Financial Advisors Inc.’s investment portfolio, making the stock its 12th biggest position. Longview Financial Advisors Inc. owned approximately 0.14% of iMGP DBi Managed Futures Strategy ETF worth $5,547,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of DBMF. MBM Wealth Consultants LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 1st quarter worth about $30,000. Capital Advisors Ltd. LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the first quarter valued at approximately $34,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $48,000. LFA Lugano Financial Advisors SA increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after buying an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $87,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF stock opened at $30.63 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.50 and a 1-year high of $31.66. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The stock has a 50 day simple moving average of $30.88 and a 200-day simple moving average of $30.54.

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.