68,054 Shares in iMGP DBi Managed Futures Strategy ETF $DBMF Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the first quarter, according to its most recent filing with the SEC. The fund acquired 68,054 shares of the company’s stock, valued at approximately $2,052,000. Janney Montgomery Scott LLC owned approximately 0.06% of iMGP DBi Managed Futures Strategy ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DBMF. MBM Wealth Consultants LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth $30,000. Capital Advisors Ltd. LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter valued at $34,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $48,000. LFA Lugano Financial Advisors SA raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after purchasing an additional 1,013 shares during the period. Finally, Lloyd Advisory Services LLC. purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth about $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF opened at $30.76 on Friday. The stock’s 50-day simple moving average is $30.86 and its 200 day simple moving average is $30.27. 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 capitalization of $3.89 billion, a price-to-earnings 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.