ORG Partners LLC Increases Position in iMGP DBi Managed Futures Strategy ETF $DBMF

ORG Partners LLC grew its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 7.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,785 shares of the company’s stock after acquiring an additional 968 shares during the quarter. ORG Partners LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $381,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1,580.4% in the 1st quarter. LPL Financial LLC now owns 4,907,416 shares of the company’s stock valued at $123,961,000 after acquiring an additional 4,615,371 shares during the period. CWM LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 12.7% in the 1st quarter. CWM LLC now owns 2,779,372 shares of the company’s stock valued at $70,207,000 after acquiring an additional 312,802 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 47.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,666 shares of the company’s stock valued at $49,855,000 after acquiring an additional 638,360 shares during the period. Goldstein Advisors LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 24.0% in the 1st quarter. Goldstein Advisors LLC now owns 1,203,999 shares of the company’s stock valued at $30,413,000 after acquiring an additional 233,042 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 166.5% in the 1st quarter. Raymond James Financial Inc. now owns 829,680 shares of the company’s stock valued at $20,958,000 after acquiring an additional 518,346 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.2%

Shares of NYSEARCA:DBMF opened at $27.31 on Friday. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $24.52 and a 12-month high of $28.28. The business’s fifty day simple moving average is $26.24 and its 200-day simple moving average is $25.67. The company has a market capitalization of $1.25 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.