11,190 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Acquired by World Equity Group Inc.

World Equity Group Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,190 shares of the company’s stock, valued at approximately $293,000.

A number of other large investors have also bought and sold shares of the business. Rainey & Randall Wealth Advisors Inc. increased its stake in iMGP DBi Managed Futures Strategy ETF by 912.7% during the 4th quarter. Rainey & Randall Wealth Advisors Inc. now owns 320,309 shares of the company’s stock worth $8,379,000 after purchasing an additional 288,680 shares in the last quarter. Legacy Capital Group California Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $1,920,000. Parcion Private Wealth LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $31,817,000. Advyzon Investment Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $247,000. Finally, FMA Wealth Management LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 8.8% during the 4th quarter. FMA Wealth Management LLC now owns 229,079 shares of the company’s stock worth $5,993,000 after acquiring an additional 18,563 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.2 %

Shares of DBMF opened at $26.22 on Tuesday. The stock has a market capitalization of $915.86 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 company has a 50 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.