Moors & Cabot Inc. Increases Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Moors & Cabot Inc. lifted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,750 shares of the company’s stock after purchasing an additional 1,250 shares during the period. Moors & Cabot Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Naviter Wealth LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 10.3% in the fourth quarter. Naviter Wealth LLC now owns 1,857,242 shares of the company’s stock worth $48,585,000 after purchasing an additional 172,742 shares in the last quarter. Litman Gregory Wealth Management LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 50.6% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after acquiring an additional 498,845 shares in the last quarter. Parcion Private Wealth LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at $31,817,000. Cardinal Point Capital Management ULC grew its stake in iMGP DBi Managed Futures Strategy ETF by 2.4% during the fourth quarter. Cardinal Point Capital Management ULC now owns 1,063,256 shares of the company’s stock valued at $27,815,000 after acquiring an additional 25,421 shares in the last quarter. Finally, Family Investment Center Inc. grew its stake in iMGP DBi Managed Futures Strategy ETF by 5.2% during the fourth quarter. Family Investment Center Inc. now owns 463,237 shares of the company’s stock valued at $12,118,000 after acquiring an additional 23,100 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF opened at $25.35 on Monday. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15. The company has a fifty day moving average of $26.22 and a 200 day moving average of $26.98. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.71 and a fifty-two week high of $30.63.

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.