iMGP DBi Managed Futures Strategy ETF $DBMF Shares Bought by SKY Mountain Capital Management Inc.

SKY Mountain Capital Management Inc. grew its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 37.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 137,123 shares of the company’s stock after purchasing an additional 37,226 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up 3.0% of SKY Mountain Capital Management Inc.’s holdings, making the stock its 7th largest holding. SKY Mountain Capital Management Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $4,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ethos Financial Group LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 8.8% during the first quarter. Ethos Financial Group LLC now owns 149,281 shares of the company’s stock worth $4,501,000 after acquiring an additional 12,078 shares in the last quarter. Advisors Preferred LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 184.2% in the first quarter. Advisors Preferred LLC now owns 18,329 shares of the company’s stock valued at $553,000 after purchasing an additional 11,880 shares in the last quarter. Sanctuary Advisors LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 29.1% in the first quarter. Sanctuary Advisors LLC now owns 125,678 shares of the company’s stock valued at $3,789,000 after purchasing an additional 28,321 shares in the last quarter. R. W. Roge & Company Inc. grew its stake in iMGP DBi Managed Futures Strategy ETF by 58.0% in the first quarter. R. W. Roge & Company Inc. now owns 87,437 shares of the company’s stock valued at $2,636,000 after purchasing an additional 32,112 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $1,029,000.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.1%

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.99 on Thursday. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.34 and a 12-month high of $31.66. The stock has a market cap of $3.86 billion, a P/E ratio of 24.50 and a beta of -0.20. The business’s 50 day moving average is $30.88 and its 200-day moving average is $30.31.

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.