RFG Advisory LLC Buys New Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

RFG Advisory LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 29,724 shares of the company’s stock, valued at approximately $894,000. RFG Advisory LLC owned approximately 0.09% of iMGP DBi Managed Futures Strategy ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DBMF. Fairman Group LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $39,000. Concourse Financial Group Securities Inc. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $111,000. HBW Advisory Services LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the second quarter worth approximately $182,000. Oppenheimer & Co. Inc. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth approximately $211,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth approximately $221,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.5 %

Shares of DBMF stock traded up $0.15 during trading hours on Monday, hitting $27.47. 576,305 shares of the company’s stock were exchanged, compared to its average volume of 356,461. The company has a market capitalization of $959.53 million, a PE ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.60 and a 12-month high of $30.63. The business’s 50 day simple moving average is $29.43 and its 200-day simple moving average is $28.74.

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.