Beam Wealth Advisors Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 24,023 shares of the company’s stock, valued at approximately $724,000.
Several other large investors have also made changes to their positions in the business. MBM Wealth Consultants LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth about $30,000. Capital Advisors Ltd. LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at approximately $34,000. MidAtlantic Capital Management Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth approximately $48,000. LFA Lugano Financial Advisors SA lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 50.1% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after purchasing an additional 1,013 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth approximately $87,000.
iMGP DBi Managed Futures Strategy ETF Price Performance
DBMF stock opened at $30.80 on Thursday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.34 and a 1-year high of $31.66. The company has a market capitalization of $3.90 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The business has a 50 day simple moving average of $30.86 and a two-hundred day simple moving average of $30.26.
About iMGP DBi Managed Futures Strategy ETF
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.
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