iMGP DBi Managed Futures Strategy ETF $DBMF Stake Boosted by Elyxium Wealth LLC

Elyxium Wealth LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 47.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 137,007 shares of the company’s stock after purchasing an additional 44,017 shares during the period. iMGP DBi Managed Futures Strategy ETF accounts for 0.1% of Elyxium Wealth LLC’s investment portfolio, making the stock its 23rd biggest position. Elyxium Wealth LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $3,844,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA lifted its stake in iMGP DBi Managed Futures Strategy ETF by 50.1% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after purchasing an additional 1,013 shares during the last quarter. Advisory Services Network LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $152,000. Advisors Preferred LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $182,000. Able Wealth Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $211,000. Finally, Octavia Wealth Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $213,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA DBMF opened at $31.23 on Monday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.10 and a 1-year high of $31.66. The business’s fifty day moving average price is $30.49 and its two-hundred day moving average price is $29.66. The firm has a market capitalization of $3.62 billion, a PE ratio of 24.50 and a beta of -0.21.

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.