CoreCap Advisors LLC Buys Shares of 78,167 iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

CoreCap Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 78,167 shares of the company’s stock, valued at approximately $2,350,000. CoreCap Advisors LLC owned approximately 0.22% of iMGP DBi Managed Futures Strategy ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Sterneck Capital Management LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 0.8% during the 2nd quarter. Sterneck Capital Management LLC now owns 47,787 shares of the company’s stock valued at $1,436,000 after acquiring an additional 367 shares in the last quarter. CreativeOne Wealth LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 4.4% in the fourth quarter. CreativeOne Wealth LLC now owns 14,409 shares of the company’s stock worth $371,000 after buying an additional 607 shares during the period. Lake Street Private Wealth LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 2.8% in the first quarter. Lake Street Private Wealth LLC now owns 25,543 shares of the company’s stock valued at $733,000 after buying an additional 693 shares during the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% during the first quarter. Perigon Wealth Management LLC now owns 42,531 shares of the company’s stock valued at $1,220,000 after acquiring an additional 943 shares during the period. Finally, Midwest Financial Group LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 1.9% during the second quarter. Midwest Financial Group LLC now owns 63,991 shares of the company’s stock worth $1,924,000 after acquiring an additional 1,165 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.3 %

Shares of NYSEARCA:DBMF opened at $27.91 on Friday. The company’s 50-day moving average price is $28.50 and its 200 day moving average price is $28.90. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.63. The company has a market cap of $974.90 million, a PE ratio of 24.50 and a beta of 0.04.

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.