Valmark Advisers Inc. Purchases 20,533 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Valmark Advisers Inc. increased its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 777,717 shares of the company’s stock after acquiring an additional 20,533 shares during the quarter. Valmark Advisers Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $20,034,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Verum Partners LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 2.6% during the 4th quarter. Verum Partners LLC now owns 22,906 shares of the company’s stock valued at $590,000 after acquiring an additional 577 shares during the period. Sound Income Strategies LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $28,000. RHS Financial LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 2.8% during the 3rd quarter. RHS Financial LLC now owns 45,709 shares of the company’s stock valued at $1,321,000 after acquiring an additional 1,226 shares during the period. Kestra Advisory Services LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 7.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 21,450 shares of the company’s stock valued at $620,000 after acquiring an additional 1,400 shares during the period. Finally, Stapp Wealth Management Pllc increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 12.2% during the 3rd quarter. Stapp Wealth Management Pllc now owns 13,622 shares of the company’s stock valued at $394,000 after purchasing an additional 1,484 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA DBMF traded up $0.72 during midday trading on Friday, hitting $30.21. 433,916 shares of the company’s stock traded hands, compared to its average volume of 323,003. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.21. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.50 and a beta of -0.14. The firm has a fifty day moving average of $28.31 and a 200 day moving average of $27.56.

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.