iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) is Summit Wealth & Retirement Planning Inc.’s 7th Largest Position

Summit Wealth & Retirement Planning Inc. decreased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 552,124 shares of the company’s stock after selling 112,590 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up 4.5% of Summit Wealth & Retirement Planning Inc.’s holdings, making the stock its 7th largest holding. Summit Wealth & Retirement Planning Inc. owned 1.58% of iMGP DBi Managed Futures Strategy ETF worth $14,444,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Lake Street Private Wealth LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 1.7% in the fourth quarter. Lake Street Private Wealth LLC now owns 26,752 shares of the company’s stock valued at $700,000 after acquiring an additional 453 shares in the last quarter. Strategic Blueprint LLC grew its holdings in iMGP DBi Managed Futures Strategy ETF by 2.3% during the 3rd quarter. Strategic Blueprint LLC now owns 21,223 shares of the company’s stock valued at $597,000 after buying an additional 484 shares in the last quarter. ORG Partners LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% during the fourth quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock valued at $201,000 after buying an additional 570 shares during the last quarter. Retirement Financial Solutions LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.4% during the third quarter. Retirement Financial Solutions LLC now owns 25,049 shares of the company’s stock worth $705,000 after acquiring an additional 577 shares during the last quarter. Finally, West Michigan Advisors LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 2.5% in the 3rd quarter. West Michigan Advisors LLC now owns 28,431 shares of the company’s stock valued at $800,000 after acquiring an additional 680 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4 %

DBMF opened at $26.47 on Friday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.98 and a 52 week high of $30.63. The firm has a 50-day simple moving average of $26.71 and a two-hundred day simple moving average of $27.36. The company has a market capitalization of $924.60 million, a PE ratio of 24.50 and a beta of 0.04.

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.