Columbus Macro LLC Acquires 6,910 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Columbus Macro LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 75.3% in the fourth quarter, HoldingsChannel reports. The fund owned 16,084 shares of the company’s stock after buying an additional 6,910 shares during the period. Columbus Macro LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $421,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in DBMF. CWM LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% during the third 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 last quarter. Litman Gregory Wealth Management LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 50.6% during the 4th quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock worth $38,846,000 after acquiring an additional 498,845 shares during the last quarter. Fortitude Family Office LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $6,147,000. FMA Wealth Management LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth approximately $5,922,000. Finally, OneDigital Investment Advisors LLC lifted its position in iMGP DBi Managed Futures Strategy ETF by 46.4% in the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after purchasing an additional 200,877 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $26.40 on Wednesday. The company’s 50 day moving average price is $26.77 and its 200-day moving average price is $27.42. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.98 and a 52-week high of $30.63. The stock has a market capitalization of $922.15 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.