Valmark Advisers Inc. Boosts Stock Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Valmark Advisers Inc. raised its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 777,717 shares of the company’s stock after purchasing an additional 20,533 shares during the period. Valmark Advisers Inc. owned 3.05% of iMGP DBi Managed Futures Strategy ETF worth $20,034,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sound Income Strategies LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth about $28,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $211,000. Moors & Cabot Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $215,000. Strategic Blueprint LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $247,000. Finally, Columbus Macro LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $233,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 2.4 %

Shares of DBMF stock traded up $0.72 during trading hours on Friday, reaching $30.21. The stock had a trading volume of 433,916 shares, compared to its average volume of 323,003. The stock’s fifty day simple moving average is $28.31 and its 200 day simple moving average is $27.56. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.60 and a 12 month high of $30.21. The firm has a market capitalization of $1.01 billion, a PE ratio of 24.50 and a beta of -0.14.

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.