Fairman Group LLC Has $2.92 Million Stock Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Fairman Group LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 710.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,609 shares of the company’s stock after buying an additional 97,840 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises 2.4% of Fairman Group LLC’s portfolio, making the stock its 9th biggest holding. Fairman Group LLC owned approximately 0.32% of iMGP DBi Managed Futures Strategy ETF worth $2,920,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. US Bancorp DE purchased a new position in iMGP DBi Managed Futures Strategy ETF in the third quarter worth about $29,000. Concourse Financial Group Securities Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at approximately $42,000. Stonebridge Financial Group LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at approximately $63,000. New Wave Wealth Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth approximately $67,000. Finally, Elevation Wealth Partners LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $120,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

NYSEARCA:DBMF opened at $26.72 on Wednesday. The stock’s fifty day moving average is $26.70 and its 200 day moving average is $27.31. The firm has a market capitalization of $933.33 million, a PE ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.98 and a fifty-two week high of $30.63.

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.