Money Concepts Capital Corp Makes New $1.40 Million Investment in iMGP DBi Managed Futures Strategy ETF $DBMF

Money Concepts Capital Corp bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 46,356 shares of the company’s stock, valued at approximately $1,398,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iMGP DBi Managed Futures Strategy ETF by 3.7% during the second quarter. JPMorgan Chase & Co. now owns 248,279 shares of the company’s stock worth $6,388,000 after buying an additional 8,963 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% in the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after acquiring an additional 455,884 shares during the period. Bank of America Corp DE boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 4.0% in the second quarter. Bank of America Corp DE now owns 33,263 shares of the company’s stock valued at $856,000 after acquiring an additional 1,277 shares during the period. MML Investors Services LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 66,849 shares of the company’s stock valued at $1,720,000 after acquiring an additional 2,998 shares during the period. Finally, Tidal Investments LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 140.7% during the second quarter. Tidal Investments LLC now owns 339,077 shares of the company’s stock worth $8,724,000 after acquiring an additional 198,219 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1%

Shares of iMGP DBi Managed Futures Strategy ETF stock traded up $0.04 during trading on Friday, reaching $30.80. The company’s stock had a trading volume of 835,795 shares, compared to its average volume of 1,505,184. The company has a 50-day moving average price of $30.85 and a two-hundred day moving average price of $30.27. The firm has a market cap of $3.81 billion, a PE ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.34 and a fifty-two 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.