Financial Security Advisor Inc. Purchases 17,747 Shares of American Beacon GLG Natural Resources ETF $MGNR

Financial Security Advisor Inc. raised its position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 77.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 40,659 shares of the company’s stock after buying an additional 17,747 shares during the quarter. Financial Security Advisor Inc.’s holdings in American Beacon GLG Natural Resources ETF were worth $1,793,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MGNR. NewEdge Advisors LLC bought a new stake in American Beacon GLG Natural Resources ETF during the first quarter valued at $253,000. Jane Street Group LLC boosted its position in 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 valued at $951,000 after acquiring an additional 10,859 shares during the last quarter. Osaic Holdings Inc. boosted its position in American Beacon GLG Natural Resources ETF by 47.9% during 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. Anchor Capital Advisors LLC boosted its position in American Beacon GLG Natural Resources ETF by 1.4% during the third quarter. Anchor Capital Advisors LLC now owns 76,927 shares of the company’s stock valued at $3,112,000 after acquiring an additional 1,061 shares during the last quarter. Finally, Magnolia Private Wealth LLC bought a new stake in American Beacon GLG Natural Resources ETF during the third quarter valued at $433,000.

American Beacon GLG Natural Resources ETF Trading Down 3.1%

Shares of MGNR opened at $53.37 on Friday. The stock has a market capitalization of $788.27 million, a P/E ratio of 22.05 and a beta of 0.68. The firm’s fifty day simple moving average is $52.17 and its two-hundred day simple moving average is $48.22. American Beacon GLG Natural Resources ETF has a 12 month low of $30.40 and a 12 month high of $55.44.

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.