Private Advisor Group LLC Buys 91,578 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Private Advisor Group LLC grew its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 39.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,786 shares of the company’s stock after acquiring an additional 91,578 shares during the period. Private Advisor Group LLC owned 0.92% of iMGP DBi Managed Futures Strategy ETF worth $8,418,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Stifel Financial Corp grew its stake in iMGP DBi Managed Futures Strategy ETF by 12.1% in the 3rd quarter. Stifel Financial Corp now owns 34,056 shares of the company’s stock worth $958,000 after acquiring an additional 3,670 shares in the last quarter. US Bancorp DE bought a new position in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth about $29,000. Atria Investments Inc grew its stake in iMGP DBi Managed Futures Strategy ETF by 6.3% in the 3rd quarter. Atria Investments Inc now owns 11,911 shares of the company’s stock worth $335,000 after acquiring an additional 702 shares in the last quarter. HighTower Advisors LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 22.5% in the 3rd quarter. HighTower Advisors LLC now owns 122,787 shares of the company’s stock worth $3,459,000 after acquiring an additional 22,588 shares in the last quarter. Finally, ORG Partners LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 8.0% in the 4th quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock worth $201,000 after acquiring an additional 570 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF stock opened at $26.27 on Friday. The company has a market capitalization of $917.61 million, a P/E ratio of 24.50 and a beta of 0.04. The company’s 50-day simple moving average is $26.59 and its two-hundred day simple moving average is $27.22. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.98 and a one year high of $30.63.

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.