R. W. Roge & Company Inc. Increases Stock Position in iMGP DBi Managed Futures Strategy ETF $DBMF

R. W. Roge & Company Inc. increased its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 58.0% during the first quarter, HoldingsChannel.com reports. The fund owned 87,437 shares of the company’s stock after buying an additional 32,112 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up approximately 1.3% of R. W. Roge & Company Inc.’s holdings, making the stock its 17th largest holding. R. W. Roge & Company Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $2,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fifth Third Bancorp acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth $1,029,000. Simplicity Wealth LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 4.7% in the first quarter. Simplicity Wealth LLC now owns 32,173 shares of the company’s stock valued at $970,000 after buying an additional 1,435 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% in the first quarter. Beacon Harbor Wealth Advisors Inc. now owns 447,198 shares of the company’s stock valued at $13,483,000 after buying an additional 10,186 shares during the last quarter. Manning & Napier Advisors LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 103.0% during the first quarter. Manning & Napier Advisors LLC now owns 146,677 shares of the company’s stock worth $4,434,000 after buying an additional 74,407 shares during the period. Finally, ATX Financial Planning LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth about $1,682,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1%

Shares of NYSEARCA DBMF traded up $0.04 during midday trading on Friday, reaching $30.80. 835,795 shares of the company were exchanged, compared to its average volume of 1,505,184. The stock has a market cap of $3.81 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 $25.34 and a 1 year high of $31.66. The stock has a fifty day simple moving average of $30.85 and a 200 day simple moving average of $30.27.

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.