Cetera Investment Advisers Increases Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Cetera Investment Advisers boosted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 16.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 286,203 shares of the company’s stock after acquiring an additional 39,768 shares during the quarter. Cetera Investment Advisers owned 0.25% of iMGP DBi Managed Futures Strategy ETF worth $8,629,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 248,279 shares of the company’s stock valued at $6,388,000 after purchasing an additional 8,963 shares during the last quarter. Raymond James Financial Inc. lifted its position in iMGP DBi Managed Futures Strategy ETF by 54.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock worth $33,078,000 after buying an additional 455,884 shares during the last quarter. Bank of America Corp DE boosted its stake 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 in the last quarter. MML Investors Services LLC boosted its stake 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 in the last quarter. Finally, Tidal Investments LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 140.7% during the second quarter. Tidal Investments LLC now owns 339,077 shares of the company’s stock valued at $8,724,000 after acquiring an additional 198,219 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF stock opened at $30.92 on Friday. The company has a market capitalization of $3.99 billion, a PE ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.34 and a one year high of $31.66. The company’s 50 day moving average price is $30.89 and its two-hundred day moving average price is $30.52.

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.