ALM First Financial Advisors LLC grew its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 17.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 432,128 shares of the company’s stock after buying an additional 65,064 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up approximately 2.5% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 12th largest position. ALM First Financial Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $11,304,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% in the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock valued at $57,065,000 after buying an additional 610,397 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 6.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,895,164 shares of the company’s stock worth $56,969,000 after acquiring an additional 109,823 shares during the last quarter. Naviter Wealth LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 3.0% in the third quarter. Naviter Wealth LLC now owns 1,684,500 shares of the company’s stock valued at $47,385,000 after acquiring an additional 48,446 shares during the period. Cardinal Point Capital Management ULC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.4% during the fourth quarter. Cardinal Point Capital Management ULC now owns 1,063,256 shares of the company’s stock valued at $27,815,000 after purchasing an additional 25,421 shares during the last quarter. Finally, Goldstein Advisors LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 3.2% in the 3rd quarter. Goldstein Advisors LLC now owns 1,037,861 shares of the company’s stock worth $29,195,000 after purchasing an additional 31,789 shares during the last quarter.
iMGP DBi Managed Futures Strategy ETF Price Performance
Shares of NYSEARCA DBMF opened at $26.72 on Friday. The firm has a market capitalization of $933.15 million, a PE ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.98 and a 1-year high of $30.63. The business’s fifty day moving average price is $26.92 and its two-hundred day moving average price is $27.77.
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.
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