Arwa LLC Takes Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Arwa LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 28,845 shares of the company’s stock, valued at approximately $809,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake 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 valued at $6,388,000 after buying an additional 8,963 shares during the period. Raymond James Financial Inc. lifted its stake in shares of 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 acquiring an additional 455,884 shares during the period. Bank of America Corp DE boosted its holdings 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 valued at $856,000 after acquiring an additional 1,277 shares during the last quarter. MML Investors Services LLC boosted its holdings 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 valued at $1,720,000 after acquiring 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 purchasing an additional 198,219 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA: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 has a market capitalization of $3.58 billion, a P/E ratio of 24.50 and a beta of -0.21. The business has a 50-day moving average price of $30.81 and a two-hundred day moving average price of $30.09.

iMGP DBi Managed Futures Strategy ETF 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.