Ethos Financial Group LLC Has $3.85 Million Stock Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Ethos Financial Group LLC raised its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 953.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,203 shares of the company’s stock after purchasing an additional 124,176 shares during the period. Ethos Financial Group LLC owned 0.18% of iMGP DBi Managed Futures Strategy ETF worth $3,850,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DBMF. Advisory Services Network LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth $152,000. Legacy Capital Wealth Partners LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $216,000. Worth Asset Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $226,000. EverSource Wealth Advisors LLC lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 29.5% in the third quarter. EverSource Wealth Advisors LLC now owns 8,977 shares of the company’s stock valued at $245,000 after buying an additional 2,047 shares in the last quarter. Finally, SteelPeak Wealth LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $260,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA DBMF opened at $30.31 on Friday. The company has a 50-day moving average price of $30.36 and a 200-day moving average price of $29.11. The stock has a market capitalization of $3.32 billion, a P/E ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.52 and a 1 year high of $31.66.

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.