CW Advisors LLC Increases Holdings in American Beacon GLG Natural Resources ETF $MGNR

CW Advisors LLC raised its stake in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 87.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,064 shares of the company’s stock after buying an additional 45,748 shares during the quarter. CW Advisors LLC’s holdings in American Beacon GLG Natural Resources ETF were worth $3,258,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Quadcap Wealth Management LLC boosted its position in shares of American Beacon GLG Natural Resources ETF by 14.7% during the 2nd quarter. Quadcap Wealth Management LLC now owns 106,564 shares of the company’s stock valued at $3,540,000 after acquiring an additional 13,678 shares during the last quarter. Anchor Capital Advisors LLC raised its stake in American Beacon GLG Natural Resources ETF by 6.9% during the second quarter. Anchor Capital Advisors LLC now owns 75,866 shares of the company’s stock worth $2,520,000 after purchasing an additional 4,925 shares during the period. Envestnet Asset Management Inc. boosted its holdings in American Beacon GLG Natural Resources ETF by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,020 shares of the company’s stock valued at $2,359,000 after purchasing an additional 1,557 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of American Beacon GLG Natural Resources ETF in the 2nd quarter valued at approximately $207,000. Finally, Harbour Investments Inc. acquired a new stake in shares of American Beacon GLG Natural Resources ETF during the 2nd quarter worth approximately $106,000.

American Beacon GLG Natural Resources ETF Stock Performance

MGNR stock opened at $43.72 on Friday. American Beacon GLG Natural Resources ETF has a one year low of $24.79 and a one year high of $44.52. The firm has a market cap of $308.23 million, a PE ratio of 22.05 and a beta of 0.89. The firm’s 50 day moving average price is $41.15 and its 200-day moving average price is $36.76.

American Beacon GLG Natural Resources ETF Company 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.