Farther Finance Advisors LLC Purchases 143,063 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Farther Finance Advisors LLC lifted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 88.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 303,933 shares of the company’s stock after buying an additional 143,063 shares during the quarter. Farther Finance Advisors LLC owned about 0.39% of iMGP DBi Managed Futures Strategy ETF worth $8,528,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 3.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,969,299 shares of the company’s stock valued at $53,782,000 after buying an additional 73,114 shares in the last quarter. Parcion Private Wealth LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at approximately $41,968,000. Raymond James Financial Inc. grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 6.4% in the 3rd quarter. Raymond James Financial Inc. now owns 1,367,786 shares of the company’s stock valued at $37,354,000 after buying an additional 82,222 shares in the last quarter. Cardinal Point Capital Management ULC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 3.5% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 1,123,011 shares of the company’s stock valued at $31,411,000 after buying an additional 38,016 shares in the last quarter. Finally, Savant Capital LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% in the 3rd quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock valued at $26,419,000 after buying an additional 262,849 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA DBMF opened at $30.26 on Thursday. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 24.50 and a beta of -0.22. The business has a 50 day simple moving average of $30.48 and a 200 day simple moving average of $29.28. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.00 and a 52 week high of $31.66.

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.