Stillwater Private Wealth LLC Purchases New Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Stillwater Private Wealth LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 17,383 shares of the company’s stock, valued at approximately $524,000.

A number of other hedge funds have also bought and sold shares of DBMF. MBM Wealth Consultants LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at $30,000. Capital Advisors Ltd. LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth $34,000. MidAtlantic Capital Management Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $48,000. LFA Lugano Financial Advisors SA grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after purchasing an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

NYSEARCA:DBMF opened at $30.92 on Friday. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.34 and a 52-week high of $31.66. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The business’s fifty day moving average is $30.89 and its 200 day moving average is $30.52.

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.