iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by RHS Financial LLC

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

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at about $29,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $42,000. New Wave Wealth Advisors LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $67,000. Matrix Trust Co purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth approximately $111,000. Finally, Raleigh Capital Management Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $174,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF stock opened at $26.47 on Friday. The company has a market capitalization of $924.60 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.98 and a 12 month high of $30.63. The firm’s fifty day simple moving average is $26.80 and its 200-day simple moving average is $27.50.

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.