Farther Finance Advisors LLC Has $1.07 Million Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Farther Finance Advisors LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 7.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,999 shares of the company’s stock after buying an additional 2,901 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.12% of iMGP DBi Managed Futures Strategy ETF worth $1,073,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Stifel Financial Corp grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 12.1% in the 3rd quarter. Stifel Financial Corp now owns 34,056 shares of the company’s stock worth $958,000 after purchasing an additional 3,670 shares during the last quarter. US Bancorp DE bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $29,000. Steward Partners Investment Advisory LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 11.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,132 shares of the company’s stock worth $448,000 after buying an additional 1,767 shares during the last quarter. Atria Investments Inc increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.3% during the third quarter. Atria Investments Inc now owns 11,911 shares of the company’s stock worth $335,000 after buying an additional 702 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 22.5% in the 3rd quarter. HighTower Advisors LLC now owns 122,787 shares of the company’s stock worth $3,459,000 after acquiring an additional 22,588 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF opened at $25.35 on Friday. The stock’s 50 day simple moving average is $26.22 and its 200 day simple moving average is $26.99. iMGP DBi Managed Futures Strategy ETF has a one year low of $24.71 and a one year high of $30.63. The firm has a market cap of $1.32 billion, a PE ratio of 24.50 and a beta of -0.15.

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.