Prelude Capital Management LLC Makes New $368,000 Investment in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Prelude Capital Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 14,000 shares of the company’s stock, valued at approximately $368,000. Prelude Capital Management LLC owned 0.05% of iMGP DBi Managed Futures Strategy ETF at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Frontier Asset Management LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 378.1% in the 4th quarter. Frontier Asset Management LLC now owns 493,442 shares of the company’s stock valued at $14,364,000 after purchasing an additional 390,230 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $6,476,000. Empire Financial Management Company LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $5,376,000. LPL Financial LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 2nd quarter worth approximately $5,648,000. Finally, Resources Investment Advisors LLC. grew its position in iMGP DBi Managed Futures Strategy ETF by 41.4% in the first quarter. Resources Investment Advisors LLC. now owns 528,588 shares of the company’s stock valued at $13,902,000 after acquiring an additional 154,882 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.2 %

NYSEARCA DBMF opened at $28.31 on Monday. The stock has a market cap of $722.47 million, a P/E ratio of 24.50 and a beta of -0.14. The company’s fifty day simple moving average is $27.69 and its 200-day simple moving average is $27.13. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.63 and a 52 week high of $35.14.

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.