Goldstein Advisors LLC Trims Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Goldstein Advisors LLC cut its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 970,957 shares of the company’s stock after selling 66,904 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up about 3.7% of Goldstein Advisors LLC’s portfolio, making the stock its 7th biggest holding. Goldstein Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $25,400,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DBMF. US Bancorp DE purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth approximately $29,000. Concourse Financial Group Securities Inc. purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter valued at $42,000. Matrix Trust Co bought a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter valued at $111,000. Raleigh Capital Management Inc. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $174,000. Finally, Moors & Cabot Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth about $211,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.2 %

Shares of NYSEARCA:DBMF opened at $26.51 on Thursday. The company has a 50-day moving average price of $26.87 and a 200 day moving average price of $27.65. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.98 and a 12 month high of $30.63. The company has a market cap of $925.99 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

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.