Ethos Financial Group LLC Reduces Stock Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Ethos Financial Group LLC trimmed its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 92.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,429 shares of the company’s stock after selling 289,218 shares during the quarter. Ethos Financial Group LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $576,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth about $28,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $111,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $211,000. Moors & Cabot Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $215,000. Finally, Columbus Macro LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at about $233,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF traded up $0.15 on Thursday, hitting $29.60. 212,968 shares of the company’s stock were exchanged, compared to its average volume of 329,432. The firm’s 50-day moving average price is $28.73 and its two-hundred day moving average price is $27.61. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.21. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 24.50 and a beta of 0.04.

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.