iMGP DBi Managed Futures Strategy ETF $DBMF Stock Holdings Increased by Raymond James Financial Inc.

Raymond James Financial Inc. lifted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 166.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 829,680 shares of the company’s stock after purchasing an additional 518,346 shares during the quarter. Raymond James Financial Inc. owned 1.84% of iMGP DBi Managed Futures Strategy ETF worth $20,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Stonebridge Financial Group LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 25.7% in the first quarter. Stonebridge Financial Group LLC now owns 3,029 shares of the company’s stock worth $77,000 after purchasing an additional 620 shares in the last quarter. Midwest Financial Group LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 1.4% in the first quarter. Midwest Financial Group LLC now owns 68,639 shares of the company’s stock worth $1,734,000 after purchasing an additional 947 shares in the last quarter. Advyzon Investment Management LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 11.5% in the first quarter. Advyzon Investment Management LLC now owns 10,539 shares of the company’s stock worth $266,000 after purchasing an additional 1,088 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 0.9% in the first quarter. Cetera Investment Advisers now owns 158,607 shares of the company’s stock worth $4,006,000 after purchasing an additional 1,395 shares in the last quarter. Finally, Sage Private Wealth Group LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 0.5% in the first quarter. Sage Private Wealth Group LLC now owns 419,089 shares of the company’s stock worth $10,586,000 after purchasing an additional 1,920 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF opened at $26.01 on Wednesday. The company has a 50 day simple moving average of $25.78 and a 200-day simple moving average of $25.56. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 24.50 and a beta of -0.14. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.52 and a 52-week high of $28.55.

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.