Arwa LLC Invests $809,000 in iMGP DBi Managed Futures Strategy ETF $DBMF

Arwa LLC bought 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 Securities and Exchange Commission (SEC). The firm bought 28,845 shares of the company’s stock, valued at approximately $809,000.

Other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 35.1% during the fourth quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock valued at $12,589,000 after purchasing an additional 116,484 shares during the period. Carrera Capital Advisors acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $5,490,000. AmeriServ Wealth Advisors acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $2,171,000. FMA Wealth Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth about $6,944,000. Finally, Aspiriant LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $3,665,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF opened at $30.92 on Friday. The stock has a market cap of $3.58 billion, a P/E ratio of 24.50 and a beta of -0.21. The company’s 50-day simple moving average is $30.81 and its 200 day simple moving average is $30.09. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.34 and a twelve month high of $31.66.

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.