Collaborative Fund Advisors LLC Invests $2.82 Million in iMGP DBi Managed Futures Strategy ETF $DBMF

Collaborative Fund Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 93,486 shares of the company’s stock, valued at approximately $2,819,000. iMGP DBi Managed Futures Strategy ETF comprises approximately 1.7% of Collaborative Fund Advisors LLC’s portfolio, making the stock its 9th largest position. Collaborative Fund Advisors LLC owned 0.08% of iMGP DBi Managed Futures Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DBMF. Ascentis Independent Advisors acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at $328,000. Leelyn Smith LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 15.0% in the first quarter. Leelyn Smith LLC now owns 296,205 shares of the company’s stock worth $8,931,000 after acquiring an additional 38,723 shares during the last quarter. Trademark Financial Management LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter valued at $741,000. Able Wealth Management LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 8.5% during the first quarter. Able Wealth Management LLC now owns 8,147 shares of the company’s stock valued at $246,000 after acquiring an additional 641 shares during the last quarter. Finally, Fairman Group LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 14.6% during the first quarter. Fairman Group LLC now owns 102,256 shares of the company’s stock valued at $3,083,000 after acquiring an additional 13,051 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

iMGP DBi Managed Futures Strategy ETF stock opened at $30.33 on Monday. The stock has a 50-day moving average price of $30.85 and a 200 day moving average price of $30.22. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.34 and a 52 week high of $31.66. The stock has a market cap of $3.85 billion, a PE ratio of 24.50 and a beta of -0.20.

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.