Stillwater Private Wealth LLC Makes New Investment in iMGP DBi Managed Futures Strategy ETF $DBMF

Stillwater Private Wealth LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 17,383 shares of the company’s stock, valued at approximately $524,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DBMF. JPMorgan Chase & Co. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 3.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 248,279 shares of the company’s stock worth $6,388,000 after purchasing an additional 8,963 shares during the period. Raymond James Financial Inc. grew its holdings in iMGP DBi Managed Futures Strategy ETF by 54.9% during the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after purchasing an additional 455,884 shares during the period. Bank of America Corp DE increased its position in iMGP DBi Managed Futures Strategy ETF by 4.0% in the second quarter. Bank of America Corp DE now owns 33,263 shares of the company’s stock worth $856,000 after buying an additional 1,277 shares during the last quarter. MML Investors Services LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 66,849 shares of the company’s stock worth $1,720,000 after buying an additional 2,998 shares during the last quarter. Finally, Tidal Investments LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 140.7% in the second quarter. Tidal Investments LLC now owns 339,077 shares of the company’s stock worth $8,724,000 after buying an additional 198,219 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF opened at $30.92 on Friday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.34 and a 1 year high of $31.66. The stock’s fifty day moving average price is $30.89 and its two-hundred day moving average price is $30.52. The firm has a market cap of $4.13 billion, a PE ratio of 24.50 and a beta of -0.20.

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.