iMGP DBi Managed Futures ETF Sees Significant Week-Over-Week Inflow
Looking at recent trends in exchange-traded funds (ETFs), the iMGP DBi Managed Futures Strategy ETF (Symbol: DBMF) stands out this week. The fund experienced an inflow of approximately $123.2 million, which translates to a 9.6% increase in outstanding units, rising from 48,175,000 to 52,800,000.
Examining the chart, DBMF’s share price has fluctuated over the past year, with a low of $25.975 and a high of $30.6299. The last recorded trade was $26.62. Comparing this price with the 200-day moving average can be insightful for technical analysis.
Exchange-traded funds operate similarly to stocks. When investors buy or sell, they are actually trading “units” rather than “shares.” These units can be created or destroyed to meet investor demand. Each week, we review changes in shares outstanding to identify ETFs with significant inflows or outflows. An increase in unit creation often means the underlying assets of the ETF need to be purchased, while a decrease involves selling these assets, potentially affecting the individual components within the ETF.
Click here to find out which 9 other ETFs had notable inflows »
Also see:
- ETFs With Notable Inflows
- Top Ten Hedge Funds Holding LFC
- DDEC Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
