Principia Wealth Advisory LLC Purchases 19,398 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Principia Wealth Advisory LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 15.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 148,138 shares of the company’s stock after acquiring an additional 19,398 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises 1.1% of Principia Wealth Advisory LLC’s holdings, making the stock its 12th largest holding. Principia Wealth Advisory LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $4,157,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $48,000. LFA Lugano Financial Advisors SA increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $87,000. Advisory Services Network LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $152,000. Finally, Advisors Preferred LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $182,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1%

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $31.04 on Friday. The stock has a fifty day simple moving average of $30.55 and a 200 day simple moving average of $29.84. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.18 and a 12-month high of $31.66. The company has a market capitalization of $3.59 billion, a P/E ratio of 24.50 and a beta of -0.21.

iMGP DBi Managed Futures Strategy ETF Company 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.