Evelyn Partners Asset Management Ltd Sells 60,224 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Evelyn Partners Asset Management Ltd reduced its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 302,180 shares of the company’s stock after selling 60,224 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up about 2.0% of Evelyn Partners Asset Management Ltd’s investment portfolio, making the stock its 16th largest position. Evelyn Partners Asset Management Ltd’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $8,479,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 8.3% in the 4th quarter. Kestra Advisory Services LLC now owns 15,507 shares of the company’s stock worth $435,000 after buying an additional 1,186 shares during the period. The Manufacturers Life Insurance Company increased its position in iMGP DBi Managed Futures Strategy ETF by 607.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 60,080 shares of the company’s stock worth $1,686,000 after buying an additional 51,585 shares during the period. Inspire Advisors LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 47.6% in the 4th quarter. Inspire Advisors LLC now owns 30,235 shares of the company’s stock worth $848,000 after buying an additional 9,748 shares during the period. Advyzon Investment Management LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 151.4% in the 4th quarter. Advyzon Investment Management LLC now owns 28,702 shares of the company’s stock worth $805,000 after buying an additional 17,287 shares during the period. Finally, Morgan Stanley increased its position in iMGP DBi Managed Futures Strategy ETF by 1.9% in the 4th quarter. Morgan Stanley now owns 7,845,100 shares of the company’s stock worth $220,134,000 after buying an additional 149,909 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.3%

Shares of NYSEARCA DBMF opened at $30.82 on Friday. The business’s 50 day moving average is $30.76 and its two-hundred day moving average is $30.02. The company has a market cap of $3.57 billion, a P/E ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.34 and a 12 month high of $31.66.

iMGP DBi Managed Futures Strategy ETF Company 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.