Midwest Financial Group LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,692 shares of the company’s stock after purchasing an additional 2,519 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up about 1.0% of Midwest Financial Group LLC’s investment portfolio, making the stock its 29th biggest holding. Midwest Financial Group LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $1,771,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in DBMF. US Bancorp DE bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $29,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $42,000. Matrix Trust Co bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $111,000. Raleigh Capital Management Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $174,000. Finally, ORG Partners LLC grew its stake in 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 purchasing an additional 570 shares in the last quarter.
iMGP DBi Managed Futures Strategy ETF Stock Down 0.4 %
NYSEARCA:DBMF opened at $26.49 on Friday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.98 and a twelve month high of $30.63. The firm has a market capitalization of $925.12 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The stock’s 50 day moving average price is $26.87 and its two-hundred day moving average price is $27.65.
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.
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