NewEdge Advisors LLC Purchases 64,632 Shares of American Beacon GLG Natural Resources ETF $MGNR

NewEdge Advisors LLC boosted its position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 77.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 148,319 shares of the company’s stock after purchasing an additional 64,632 shares during the quarter. NewEdge Advisors LLC’s holdings in American Beacon GLG Natural Resources ETF were worth $7,650,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in shares of American Beacon GLG Natural Resources ETF by 51.5% during the first quarter. Jane Street Group LLC now owns 31,928 shares of the company’s stock worth $951,000 after buying an additional 10,859 shares during the last quarter. Osaic Holdings Inc. boosted its stake in American Beacon GLG Natural Resources ETF by 47.9% in the second quarter. Osaic Holdings Inc. now owns 3,253 shares of the company’s stock valued at $108,000 after acquiring an additional 1,053 shares during the last quarter. SFG Wealth Management LLC. acquired a new stake in American Beacon GLG Natural Resources ETF during the 3rd quarter worth $319,000. Maia Wealth LLC grew its holdings in American Beacon GLG Natural Resources ETF by 38.3% during the 3rd quarter. Maia Wealth LLC now owns 27,113 shares of the company’s stock worth $1,124,000 after acquiring an additional 7,511 shares during the period. Finally, Citadel Advisors LLC raised its position in shares of American Beacon GLG Natural Resources ETF by 351.9% during the 3rd quarter. Citadel Advisors LLC now owns 38,230 shares of the company’s stock valued at $1,546,000 after acquiring an additional 29,770 shares during the last quarter.

American Beacon GLG Natural Resources ETF Trading Up 2.3%

NYSEARCA MGNR opened at $52.82 on Tuesday. American Beacon GLG Natural Resources ETF has a 12 month low of $33.78 and a 12 month high of $56.37. The stock has a 50-day simple moving average of $49.95 and a 200 day simple moving average of $51.40. The company has a market capitalization of $912.20 million, a PE ratio of 22.05 and a beta of 0.74.

American Beacon GLG Natural Resources ETF Profile

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.