Fortitude Family Office LLC Buys Shares of 234,959 iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Fortitude Family Office LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 234,959 shares of the company’s stock, valued at approximately $6,147,000. iMGP DBi Managed Futures Strategy ETF makes up 2.2% of Fortitude Family Office LLC’s holdings, making the stock its 8th largest holding.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 12.3% in the second quarter. National Bank of Canada FI now owns 35,016 shares of the company’s stock valued at $990,000 after buying an additional 3,837 shares during the period. Private Advisor Group LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 34.5% in the 2nd quarter. Private Advisor Group LLC now owns 101,597 shares of the company’s stock valued at $3,054,000 after acquiring an additional 26,049 shares during the period. CoreCap Advisors LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the second quarter valued at $2,350,000. Leelyn Smith LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 16.0% during the second quarter. Leelyn Smith LLC now owns 214,268 shares of the company’s stock worth $6,441,000 after purchasing an additional 29,505 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,895,164 shares of the company’s stock worth $56,969,000 after purchasing an additional 109,823 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.6 %

NYSEARCA DBMF opened at $26.49 on Friday. The company has a market capitalization of $925.30 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.97 and a twelve month high of $30.63. The stock has a fifty day simple moving average of $26.95 and a 200 day simple moving average of $27.89.

iMGP DBi Managed Futures Strategy ETF Company 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.