Altiora Financial Group LLC Acquires New Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Altiora Financial Group LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,163 shares of the company’s stock, valued at approximately $449,000.

Other hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new position in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $29,000. Kestra Investment Management LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $39,000. Stonebridge Financial Group LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $63,000. New Wave Wealth Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $67,000. Finally, Elevation Wealth Partners LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $120,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.2 %

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $25.37 on Monday. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.06 and a 12-month high of $30.63. The stock has a market cap of $1.32 billion, a PE ratio of 24.50 and a beta of -0.15. The company has a 50-day moving average of $26.34 and a two-hundred day moving average of $27.08.

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.