iMGP DBi Managed Futures Strategy ETF $DBMF Position Increased by Potomac Fund Management Inc. ADV

Potomac Fund Management Inc. ADV raised its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 859,178 shares of the company’s stock after purchasing an additional 37,415 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for approximately 0.9% of Potomac Fund Management Inc. ADV’s portfolio, making the stock its 10th largest position. Potomac Fund Management Inc. ADV owned about 1.06% of iMGP DBi Managed Futures Strategy ETF worth $24,109,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fortitude Family Office LLC raised its position in iMGP DBi Managed Futures Strategy ETF by 35.1% in the fourth quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock valued at $12,589,000 after purchasing an additional 116,484 shares during the period. Carrera Capital Advisors purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $5,490,000. AmeriServ Wealth Advisors purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $2,171,000. FMA Wealth Management LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $6,944,000. Finally, Aspiriant LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $3,665,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA DBMF opened at $30.82 on Monday. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.34 and a 52-week high of $31.66. The business’s 50 day moving average is $30.76 and its two-hundred day moving average is $30.03.

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.