iMGP DBi Managed Futures Strategy ETF $DBMF Stock Position Lifted by Professional Financial Advisors LLC

Professional Financial Advisors LLC lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 5.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 335,666 shares of the company’s stock after acquiring an additional 18,746 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up approximately 1.8% of Professional Financial Advisors LLC’s holdings, making the stock its 8th biggest position. Professional Financial Advisors LLC owned about 0.27% of iMGP DBi Managed Futures Strategy ETF worth $10,275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth approximately $30,000. Capital Advisors Ltd. LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at $34,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $48,000. LFA Lugano Financial Advisors SA lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after buying 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 during the 4th quarter valued at $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.93 on Monday. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.67 and a fifty-two week high of $31.66. The company has a market capitalization of $4.13 billion, a P/E ratio of 24.50 and a beta of -0.20. The company has a fifty day moving average of $30.86 and a 200 day moving average of $30.60.

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.