Hyundai Investments Co. Ltd. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm purchased 17,018 shares of the company’s stock, valued at approximately $479,000.
Other institutional investors have also added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $48,000. LFA Lugano Financial Advisors SA grew its holdings in iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after buying an additional 1,013 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $87,000. Advisory Services Network LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at approximately $152,000. Finally, Advisors Preferred LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $182,000.
iMGP DBi Managed Futures Strategy ETF Stock Performance
Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.88 on Tuesday. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of 24.50 and a beta of -0.21. The stock has a 50 day moving average price of $30.77 and a 200-day moving average price of $30.05. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.34 and a one year high of $31.66.
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.
See Also
- Five stocks we like better than iMGP DBi Managed Futures Strategy ETF
- This Golden Cross Could Send Urban Outfitters to New Highs
- Insiders Sell Top Tech Plays: Should Investors Buy, Sell, or Hold?
- Can D-Wave Hold Its Own Against 2 Fast-Growing Rivals?
- 3 AI Stocks With Moats That Could Outlast Summer Volatility
Want to see what other hedge funds are holding DBMF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report).
Receive News & Ratings for iMGP DBi Managed Futures Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iMGP DBi Managed Futures Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
