Creekmur Asset Management LLC Makes New Investment in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Creekmur Asset Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 62,013 shares of the company’s stock, valued at approximately $1,597,000. Creekmur Asset Management LLC owned 0.24% of iMGP DBi Managed Futures Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Verum Partners LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 2.6% during the fourth quarter. Verum Partners LLC now owns 22,906 shares of the company’s stock worth $590,000 after acquiring an additional 577 shares during the period. CreativeOne Wealth LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 4.4% during the 4th quarter. CreativeOne Wealth LLC now owns 14,409 shares of the company’s stock valued at $371,000 after purchasing an additional 607 shares during the period. Sound Income Strategies LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $28,000. Visionary Wealth Advisors increased its position in iMGP DBi Managed Futures Strategy ETF by 6.2% in the fourth quarter. Visionary Wealth Advisors now owns 23,595 shares of the company’s stock worth $608,000 after buying an additional 1,384 shares during the period. Finally, Kestra Advisory Services LLC boosted 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 purchasing an additional 1,400 shares during the period.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF stock remained flat at $29.40 during trading on Friday. 228,190 shares of the company traded hands, compared to its average volume of 319,266. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.60 and a 1-year high of $30.21. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 24.50 and a beta of 0.04. The firm has a fifty day moving average price of $29.51 and a 200 day moving average price of $27.88.

About iMGP DBi Managed Futures Strategy ETF

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.