Ethos Financial Group LLC Sells 289,218 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Ethos Financial Group LLC decreased its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 92.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,429 shares of the company’s stock after selling 289,218 shares during the quarter. Ethos Financial Group LLC owned approximately 0.09% of iMGP DBi Managed Futures Strategy ETF worth $576,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DBMF. JPMorgan Chase & Co. boosted its position in iMGP DBi Managed Futures Strategy ETF by 2,402.1% during the third quarter. JPMorgan Chase & Co. now owns 7,074,260 shares of the company’s stock valued at $204,446,000 after acquiring an additional 6,791,529 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 4.6% during the third quarter. Envestnet Asset Management Inc. now owns 1,317,148 shares of the company’s stock valued at $38,066,000 after purchasing an additional 57,379 shares during the period. LPL Financial LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 217.0% during the third quarter. LPL Financial LLC now owns 1,039,828 shares of the company’s stock valued at $30,051,000 after purchasing an additional 711,763 shares during the period. CWM LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 288.2% during the fourth quarter. CWM LLC now owns 1,039,205 shares of the company’s stock valued at $26,770,000 after purchasing an additional 771,522 shares during the period. Finally, Valmark Advisers Inc. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.7% during the fourth quarter. Valmark Advisers Inc. now owns 777,717 shares of the company’s stock valued at $20,034,000 after purchasing an additional 20,533 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.5 %

Shares of DBMF traded up $0.15 on Thursday, reaching $29.60. The company’s stock had a trading volume of 212,968 shares, compared to its average volume of 329,432. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.21. The stock has a market capitalization of $1.03 billion, a PE ratio of 24.50 and a beta of 0.04. The firm has a fifty day moving average of $28.73 and a 200-day moving average of $27.61.

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.