ATX Financial Planning LLC Makes New $1.68 Million Investment in iMGP DBi Managed Futures Strategy ETF $DBMF

ATX Financial Planning LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, Holdings Channel reports. The institutional investor acquired 55,784 shares of the company’s stock, valued at approximately $1,682,000. iMGP DBi Managed Futures Strategy ETF comprises 1.3% of ATX Financial Planning LLC’s portfolio, making the stock its 18th largest position.

Several other hedge funds have also modified their holdings of DBMF. MBM Wealth Consultants LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 1st quarter valued at about $30,000. Capital Advisors Ltd. LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the first quarter valued at approximately $34,000. MidAtlantic Capital Management Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth approximately $48,000. LFA Lugano Financial Advisors SA lifted its stake in iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after acquiring an additional 1,013 shares during the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth approximately $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.1%

NYSEARCA DBMF opened at $30.76 on Friday. The stock has a market capitalization of $3.89 billion, a PE ratio of 24.50 and a beta of -0.20. The firm has a 50 day moving average of $30.86 and a two-hundred day moving average of $30.27. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.34 and a 52 week high of $31.66.

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.