Brighton Jones LLC Makes New Investment in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Brighton Jones LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,330 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds also recently modified their holdings of DBMF. Renaissance Technologies LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at about $1,442,000. Envestnet Asset Management Inc. boosted its position in iMGP DBi Managed Futures Strategy ETF by 6.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,895,164 shares of the company’s stock valued at $56,969,000 after purchasing an additional 109,823 shares during the last quarter. Leelyn Smith LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 16.0% in the second quarter. Leelyn Smith LLC now owns 214,268 shares of the company’s stock valued at $6,441,000 after buying an additional 29,505 shares in the last quarter. CoreCap Advisors LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $2,350,000. Finally, VitalStone Financial LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 110.1% in the 2nd quarter. VitalStone Financial LLC now owns 23,918 shares of the company’s stock valued at $719,000 after acquiring an additional 12,536 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4 %

iMGP DBi Managed Futures Strategy ETF stock opened at $28.28 on Monday. The stock has a market cap of $987.82 million, a P/E ratio of 24.50 and a beta of 0.04. The company’s 50-day moving average price is $28.23 and its two-hundred day moving average price is $28.95. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63.

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.