American Beacon GLG Natural Resources ETF $MGNR Shares Newly Acquired by MGO One Seven LLC

MGO One Seven LLC purchased a new stake in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,175 shares of the company’s stock, valued at approximately $650,000.

A number of other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in American Beacon GLG Natural Resources ETF by 77.2% in the 1st quarter. NewEdge Advisors LLC now owns 148,319 shares of the company’s stock worth $7,650,000 after acquiring an additional 64,632 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of American Beacon GLG Natural Resources ETF during the 1st quarter valued at approximately $1,249,000. Verdence Capital Advisors LLC boosted its position in shares of American Beacon GLG Natural Resources ETF by 3.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 758,314 shares of the company’s stock valued at $37,400,000 after acquiring an additional 22,425 shares during the last quarter. Signature Equity Partners LLC purchased a new position in shares of American Beacon GLG Natural Resources ETF in the first quarter valued at $1,383,000. Finally, International Assets Investment Management LLC grew its holdings in shares of American Beacon GLG Natural Resources ETF by 1,140.3% in the third quarter. International Assets Investment Management LLC now owns 160,000 shares of the company’s stock valued at $7,891,000 after purchasing an additional 147,100 shares in the last quarter.

American Beacon GLG Natural Resources ETF Trading Up 1.1%

MGNR traded up $0.51 during trading hours on Friday, hitting $46.60. The company’s stock had a trading volume of 77,560 shares, compared to its average volume of 146,932. The business’s 50-day moving average price is $50.57 and its 200-day moving average price is $51.37. American Beacon GLG Natural Resources ETF has a 12 month low of $39.26 and a 12 month high of $56.45. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 13.99 and a beta of 0.85.

About American Beacon GLG Natural Resources ETF

The American Beacon GLG Natural Resources ETF (MGNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation through investments in a narrow portfolio of global stocks that are predominantly involved in natural resources and related businesses. MGNR was launched on Feb 5, 2024 and is issued by American Beacon.