Moulton Wealth Management Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 24,958 shares of the company’s stock, valued at approximately $762,000.
Other hedge funds also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth $30,000. Capital Advisors Ltd. LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth $34,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $48,000. LFA Lugano Financial Advisors SA raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $87,000.
iMGP DBi Managed Futures Strategy ETF Price Performance
DBMF opened at $30.69 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.58 and a 12 month high of $31.66. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The business has a fifty day moving average price of $30.87 and a 200 day moving average price of $30.56.
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.
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