Rockefeller Capital Management L.P. Purchases 20,161 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Rockefeller Capital Management L.P. increased its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 250.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 28,216 shares of the company’s stock after purchasing an additional 20,161 shares during the period. Rockefeller Capital Management L.P.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $792,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DBMF. MidAtlantic Capital Management Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $48,000. LFA Lugano Financial Advisors SA grew its holdings in iMGP DBi Managed Futures Strategy ETF by 50.1% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after acquiring an additional 1,013 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $87,000. Advisory Services Network LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $152,000. Finally, Advisors Preferred LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $182,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:DBMF opened at $30.33 on Friday. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The company has a 50-day moving average price of $30.85 and a 200-day moving average price of $30.21. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.34 and a 12 month high of $31.66.

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.