Genesis Wealth Advisors LLC Acquires Shares of 10,189 iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Genesis Wealth Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 10,189 shares of the company’s stock, valued at approximately $267,000.

Several other institutional investors have also recently bought and sold shares of DBMF. Parcion Private Wealth LLC bought a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $31,817,000. Litman Gregory Wealth Management LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock worth $38,846,000 after acquiring an additional 498,845 shares during the last quarter. Rainey & Randall Wealth Advisors Inc. raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 912.7% during the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 320,309 shares of the company’s stock worth $8,379,000 after acquiring an additional 288,680 shares during the last quarter. Fortitude Family Office LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $6,147,000. Finally, OneDigital Investment Advisors LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% during the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock worth $17,840,000 after acquiring an additional 200,877 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 1.1 %

DBMF stock opened at $26.27 on Monday. The company has a market cap of $917.61 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.98 and a twelve month high of $30.63. The business has a fifty day moving average of $26.57 and a 200-day moving average of $27.22.

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.