ORG Partners LLC Purchases 570 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

ORG Partners LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 8.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,684 shares of the company’s stock after buying an additional 570 shares during the period. ORG Partners LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of DBMF. CWM LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 43.0% during the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock valued at $57,065,000 after purchasing an additional 610,397 shares during the period. Fortitude Family Office LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $6,147,000. FMA Wealth Management LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter valued at approximately $5,922,000. OneDigital Investment Advisors LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% in the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock worth $17,840,000 after buying an additional 200,877 shares in the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF by 126.6% during the third quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock worth $6,476,000 after acquiring an additional 128,611 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA DBMF opened at $26.77 on Friday. The firm’s fifty day moving average is $26.94 and its two-hundred day moving average is $27.85. The company has a market cap of $935.08 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.98 and a 52-week high of $30.63.

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.