Howard Bailey Securities LLC Raises Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Howard Bailey Securities LLC lifted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 24.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 59,255 shares of the company’s stock after purchasing an additional 11,590 shares during the period. Howard Bailey Securities LLC owned about 0.17% of iMGP DBi Managed Futures Strategy ETF worth $1,550,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Sage Private Wealth Group LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 6.2% in the fourth quarter. Sage Private Wealth Group LLC now owns 417,169 shares of the company’s stock worth $10,913,000 after purchasing an additional 24,514 shares during the last quarter. Fairman Group LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 710.6% in the 4th quarter. Fairman Group LLC now owns 111,609 shares of the company’s stock worth $2,920,000 after buying an additional 97,840 shares during the period. Stonebridge Financial Group LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth approximately $63,000. Elevation Wealth Partners LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $120,000. Finally, Savant Capital LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 21.6% during the fourth quarter. Savant Capital LLC now owns 442,787 shares of the company’s stock valued at $11,583,000 after acquiring an additional 78,591 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.2 %

Shares of DBMF stock opened at $26.78 on Thursday. The firm has a market capitalization of $935.43 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The stock has a fifty day moving average of $26.69 and a 200 day moving average of $27.30. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.98 and a 52 week high of $30.63.

iMGP DBi Managed Futures Strategy ETF 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.