34,114 Shares in iMGP DBi Managed Futures Strategy ETF $DBMF Acquired by Fifth Third Bancorp

Fifth Third Bancorp bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,114 shares of the company’s stock, valued at approximately $1,029,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1.9% in the 4th quarter. Morgan Stanley now owns 7,845,100 shares of the company’s stock valued at $220,134,000 after acquiring an additional 149,909 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 139,913.0% during the 4th quarter. JPMorgan Chase & Co. now owns 7,374,483 shares of the company’s stock worth $206,928,000 after purchasing an additional 7,369,216 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 6.7% during the 4th quarter. LPL Financial LLC now owns 5,637,634 shares of the company’s stock worth $158,192,000 after purchasing an additional 355,157 shares during the last quarter. TIAA Trust National Association bought a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at about $87,820,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iMGP DBi Managed Futures Strategy ETF by 10.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,167,671 shares of the company’s stock valued at $60,825,000 after purchasing an additional 198,372 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF opened at $31.41 on Friday. The business’s 50-day moving average is $30.90 and its two-hundred day moving average is $30.43. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.34 and a 1 year high of $31.66. The firm has a market capitalization of $3.99 billion, a PE ratio of 24.50 and a beta of -0.20.

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.