Focus Financial Network Inc. Has $243,000 Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Focus Financial Network Inc. boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 12.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,440 shares of the company’s stock after buying an additional 1,023 shares during the period. Focus Financial Network Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $243,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stonebridge Financial Group LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 25.7% during the 1st quarter. Stonebridge Financial Group LLC now owns 3,029 shares of the company’s stock worth $77,000 after buying an additional 620 shares during the period. Harbour Investments Inc. raised its holdings in iMGP DBi Managed Futures Strategy ETF by 2,027.9% during the 1st quarter. Harbour Investments Inc. now owns 8,235 shares of the company’s stock worth $208,000 after buying an additional 7,848 shares during the period. Octavia Wealth Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth about $211,000. Perigon Wealth Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth about $224,000. Finally, West Michigan Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth about $227,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.0%

Shares of NYSEARCA DBMF opened at $27.16 on Monday. iMGP DBi Managed Futures Strategy ETF has a one year low of $24.52 and a one year high of $28.55. The firm has a market capitalization of $1.25 billion, a PE ratio of 24.50 and a beta of -0.14. The business has a 50-day moving average price of $26.09 and a two-hundred day moving average price of $25.60.

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.