RHS Financial LLC Decreases Stock Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

RHS Financial LLC lessened its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,021 shares of the company’s stock after selling 2,281 shares during the period. RHS Financial LLC owned 0.14% of iMGP DBi Managed Futures Strategy ETF worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. US Bancorp DE purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth approximately $29,000. Concourse Financial Group Securities Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $42,000. New Wave Wealth Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $67,000. Matrix Trust Co acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth $111,000. Finally, Raleigh Capital Management Inc. acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $174,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

iMGP DBi Managed Futures Strategy ETF stock opened at $26.47 on Friday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.98 and a 1-year high of $30.63. The business has a fifty day moving average price of $26.80 and a 200-day moving average price of $27.50. The stock has a market capitalization of $924.60 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

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.