First Growth Capital LLC Acquires Shares of 31,944 iMGP DBi Managed Futures Strategy ETF $DBMF

First Growth Capital LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 31,944 shares of the company’s stock, valued at approximately $978,000. iMGP DBi Managed Futures Strategy ETF makes up 1.0% of First Growth Capital LLC’s portfolio, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of DBMF. Fortitude Family Office LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 35.1% in the 4th quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock worth $12,589,000 after acquiring an additional 116,484 shares in the last quarter. Carrera Capital Advisors acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $5,490,000. AmeriServ Wealth Advisors acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at approximately $2,171,000. FMA Wealth Management LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $6,944,000. Finally, Aspiriant LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $3,665,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

iMGP DBi Managed Futures Strategy ETF stock opened at $30.92 on Friday. The company has a market cap of $3.58 billion, a PE ratio of 24.50 and a beta of -0.21. The company has a fifty day moving average price of $30.79 and a two-hundred day moving average price of $30.09. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.34 and a 12 month high of $31.66.

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.