Carrera Capital Advisors Takes Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Carrera Capital Advisors acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 195,638 shares of the company’s stock, valued at approximately $5,490,000. iMGP DBi Managed Futures Strategy ETF accounts for 0.9% of Carrera Capital Advisors’ portfolio, making the stock its 25th biggest holding. Carrera Capital Advisors owned 0.25% of iMGP DBi Managed Futures Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of DBMF. LFA Lugano Financial Advisors SA boosted its position in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares during the period. Advisory Services Network LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $152,000. Able Wealth Management LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $211,000. Octavia Wealth Advisors LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $213,000. Finally, Frankly Finances LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $214,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.3%

DBMF opened at $30.72 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.00 and a 1-year high of $31.66. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of 24.50 and a beta of -0.22. The business has a 50 day moving average of $30.50 and a 200-day moving average of $29.46.

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.