iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sees Large Volume Increase – Still a Buy?

Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFGet Free Report) saw strong trading volume on Wednesday . 2,561,355 shares traded hands during trading, an increase of 111% from the previous session’s volume of 1,213,760 shares.The stock last traded at $26.67 and had previously closed at $26.64.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.3 %

The stock has a market cap of $933.68 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The company’s 50-day moving average is $26.92 and its 200-day moving average is $27.77.

Institutional Trading of iMGP DBi Managed Futures Strategy ETF

Large investors have recently added to or reduced their stakes in the company. Lake Street Private Wealth LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1.7% in the fourth quarter. Lake Street Private Wealth LLC now owns 26,752 shares of the company’s stock valued at $700,000 after buying an additional 453 shares in the last quarter. Strategic Blueprint LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% in the third quarter. Strategic Blueprint LLC now owns 21,223 shares of the company’s stock worth $597,000 after acquiring an additional 484 shares during the last quarter. ORG Partners LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% during the fourth quarter. ORG Partners LLC now owns 7,684 shares of the company’s stock worth $201,000 after purchasing an additional 570 shares in the last quarter. Retirement Financial Solutions LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 2.4% during the third quarter. Retirement Financial Solutions LLC now owns 25,049 shares of the company’s stock valued at $705,000 after purchasing an additional 577 shares during the last quarter. Finally, West Michigan Advisors LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.5% in the third quarter. West Michigan Advisors LLC now owns 28,431 shares of the company’s stock valued at $800,000 after purchasing an additional 680 shares in the last quarter.

About iMGP DBi Managed Futures Strategy ETF

(Get Free Report)

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.

Further Reading

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