Sanctuary Advisors LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) by 29.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,678 shares of the company’s stock after buying an additional 28,321 shares during the quarter. Sanctuary Advisors LLC owned about 0.11% of iMGP DBi Managed Futures Strategy ETF worth $3,789,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in DBMF. JPMorgan Chase & Co. increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 139,913.0% during the fourth quarter. JPMorgan Chase & Co. now owns 7,374,483 shares of the company’s stock valued at $206,928,000 after acquiring an additional 7,369,216 shares during the period. TIAA Trust National Association bought a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $87,820,000. Royal Bank of Canada raised its holdings in iMGP DBi Managed Futures Strategy ETF by 240.8% during the fourth quarter. Royal Bank of Canada now owns 759,975 shares of the company’s stock worth $21,325,000 after purchasing an additional 537,000 shares in the last quarter. Raymond James Financial Inc. lifted its position in iMGP DBi Managed Futures Strategy ETF by 54.9% in the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock worth $33,078,000 after purchasing an additional 455,884 shares during the period. Finally, Axxcess Wealth Management LLC lifted its position in iMGP DBi Managed Futures Strategy ETF by 107.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 870,474 shares of the company’s stock worth $24,425,000 after purchasing an additional 450,006 shares during the period.
iMGP DBi Managed Futures Strategy ETF Stock Performance
Shares of NYSEARCA DBMF opened at $30.87 on Monday. The stock has a fifty day moving average price of $30.89 and a two-hundred day moving average price of $30.33. The firm has a market cap of $3.88 billion, a P/E ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.34 and a 1 year high of $31.66.
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.
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