Oppenheimer & Co. Inc. Reduces Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Oppenheimer & Co. Inc. lessened its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFFree Report) by 7.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,967 shares of the company’s stock after selling 1,216 shares during the period. Oppenheimer & Co. Inc. owned about 0.06% of iMGP DBi Managed Futures Strategy ETF worth $433,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 74,366.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 11,170 shares of the company’s stock valued at $309,000 after acquiring an additional 11,155 shares during the period. Meridian Wealth Management LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 110.7% during the 2nd quarter. Meridian Wealth Management LLC now owns 32,307 shares of the company’s stock worth $893,000 after buying an additional 16,973 shares during the period. AE Wealth Management LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth $583,000. Strategic Blueprint LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth $247,000. Finally, Orion Portfolio Solutions LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 3.7% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 44,122 shares of the company’s stock worth $1,275,000 after buying an additional 1,562 shares during the period.

iMGP DBi Managed Futures Strategy ETF Price Performance

iMGP DBi Managed Futures Strategy ETF stock opened at $26.89 on Friday. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.60 and a 12-month high of $29.25. The company has a market capitalization of $686.23 million, a price-to-earnings ratio of 24.50 and a beta of -0.14. The firm’s fifty day moving average price is $26.44 and its 200 day moving average price is $27.52.

About iMGP DBi Managed Futures Strategy ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

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