iMGP DBi Managed Futures Strategy ETF $DBMF Shares Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 445.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,270 shares of the company’s stock after purchasing an additional 59,032 shares during the quarter. Manning & Napier Advisors LLC owned 0.09% of iMGP DBi Managed Futures Strategy ETF worth $2,034,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of DBMF. Raymond James Financial Inc. boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after buying an additional 455,884 shares during the period. Beacon Harbor Wealth Advisors Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $12,263,000. Innova Wealth Partners raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1,178.7% in the 4th quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock valued at $12,025,000 after purchasing an additional 395,047 shares in the last quarter. Tidal Investments LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 107.3% during the 3rd quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock worth $19,201,000 after purchasing an additional 363,998 shares during the last quarter. Finally, Savant Capital LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% during the 3rd quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock worth $26,419,000 after purchasing an additional 262,849 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.5%

Shares of DBMF stock opened at $30.69 on Friday. The company has a market cap of $3.55 billion, a P/E ratio of 24.50 and a beta of -0.21. The firm has a fifty day moving average price of $30.49 and a 200 day moving average price of $29.55. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.09 and a 12 month high of $31.66.

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.