Liberty One Investment Management LLC Takes Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Liberty One Investment Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 37,745 shares of the company’s stock, valued at approximately $1,138,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Midwest Financial Group LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 0.4% during the first quarter. Midwest Financial Group LLC now owns 80,922 shares of the company’s stock worth $2,440,000 after buying an additional 344 shares during the period. Integrated Advisors Network LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 4.2% during the 1st quarter. Integrated Advisors Network LLC now owns 10,675 shares of the company’s stock valued at $322,000 after acquiring an additional 427 shares during the period. Proactive Wealth Strategies LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.2% during the 4th quarter. Proactive Wealth Strategies LLC now owns 20,078 shares of the company’s stock valued at $563,000 after acquiring an additional 432 shares during the period. Able Wealth Management LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.5% during the 1st quarter. Able Wealth Management LLC now owns 8,147 shares of the company’s stock valued at $246,000 after acquiring an additional 641 shares during the period. Finally, Orion Porfolio Solutions LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 5.1% during the 4th quarter. Orion Porfolio Solutions LLC now owns 19,083 shares of the company’s stock worth $535,000 after acquiring an additional 932 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF opened at $31.49 on Friday. The stock has a market cap of $4.00 billion, a P/E ratio of 24.50 and a beta of -0.20. The stock’s 50 day simple moving average is $30.90 and its 200 day simple moving average is $30.42. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.34 and a 1-year 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.