iMGP DBi Managed Futures Strategy ETF Sees Significant Inflow Boost
Recent data from ETF Channel reveals a substantial inflow in the iMGP DBi Managed Futures Strategy ETF (Symbol: DBMF), amounting to approximately $141.9 million. This represents a 13.7% increase in shares outstanding, rising from 38,125,000 to 43,350,000 units over the past week.
In the past year, DBMF has seen a low of $25.60 per share and a high of $30.6299, with the most recent trade recorded at $27.17. Observing the recent share price in relation to its 200-day moving average can provide valuable insights into the ETF’s performance and trends.
Exchange-traded funds (ETFs) function similarly to stocks but involve buying and selling “units” instead of shares. These units can be created or destroyed based on investor demand. Monitoring the weekly changes in shares outstanding helps identify ETFs experiencing significant inflows or outflows. The creation of new units requires the purchase of underlying assets, while the destruction of units necessitates selling those assets. Thus, large inflows or outflows can greatly influence the individual securities within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
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