Longview Financial Advisors Inc. Grows Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Longview Financial Advisors Inc. lifted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 5.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 128,758 shares of the company’s stock after purchasing an additional 6,449 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for 2.7% of Longview Financial Advisors Inc.’s portfolio, making the stock its 13th largest position. Longview Financial Advisors Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $3,368,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. US Bancorp DE acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $29,000. Concourse Financial Group Securities Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $42,000. Kestra Investment Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $39,000. Stonebridge Financial Group LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $63,000. Finally, New Wave Wealth Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $67,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF stock opened at $26.83 on Wednesday. The stock has a market capitalization of $937.17 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.98 and a fifty-two week high of $30.63. The company has a 50 day moving average price of $26.63 and a 200 day moving average price of $27.23.

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.