City Center Advisors LLC Purchases 6,955 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

City Center Advisors LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,436 shares of the company’s stock after acquiring an additional 6,955 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up approximately 1.0% of City Center Advisors LLC’s holdings, making the stock its 18th largest holding. City Center Advisors LLC owned about 0.10% of iMGP DBi Managed Futures Strategy ETF worth $875,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Matrix Trust Co boosted its stake in iMGP DBi Managed Futures Strategy ETF by 647.9% in the fourth quarter. Matrix Trust Co now owns 29,527 shares of the company’s stock worth $772,000 after purchasing an additional 25,579 shares in the last quarter. ORG Partners LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% in the fourth quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock valued at $201,000 after buying an additional 570 shares during the last quarter. Fortitude Family Office LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth about $6,147,000. Innova Wealth Partners bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth about $3,125,000. Finally, Sanctuary Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $3,084,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 1.1 %

Shares of NYSEARCA DBMF opened at $26.77 on Monday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.98 and a 1-year high of $30.63. The company has a 50-day moving average of $26.94 and a two-hundred day moving average of $27.84. The company has a market cap of $935.08 million, a PE ratio of 24.50 and a beta of 0.04.

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.