Nations Financial Group Inc. IA ADV Acquires 36,450 Shares of American Beacon GLG Natural Resources ETF $MGNR

Nations Financial Group Inc. IA ADV raised its stake in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 291.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 48,950 shares of the company’s stock after purchasing an additional 36,450 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 0.36% of American Beacon GLG Natural Resources ETF worth $2,525,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in shares of American Beacon GLG Natural Resources ETF by 158.2% in the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 330,547 shares of the company’s stock valued at $14,577,000 after purchasing an additional 202,503 shares in the last quarter. Midland Wealth Advisors LLC grew its holdings in American Beacon GLG Natural Resources ETF by 13.1% during the fourth quarter. Midland Wealth Advisors LLC now owns 1,292,832 shares of the company’s stock worth $57,014,000 after buying an additional 149,850 shares in the last quarter. Sendero Wealth Management LLC grew its holdings in American Beacon GLG Natural Resources ETF by 9.5% during the fourth quarter. Sendero Wealth Management LLC now owns 1,168,548 shares of the company’s stock worth $51,533,000 after buying an additional 101,185 shares in the last quarter. NewEdge Advisors LLC raised its position in American Beacon GLG Natural Resources ETF by 123.7% in the 3rd quarter. NewEdge Advisors LLC now owns 145,280 shares of the company’s stock valued at $5,877,000 after buying an additional 80,336 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in American Beacon GLG Natural Resources ETF by 35.7% in the 4th quarter. Osaic Holdings Inc. now owns 223,988 shares of the company’s stock valued at $9,878,000 after buying an additional 58,881 shares during the last quarter.

American Beacon GLG Natural Resources ETF Stock Performance

Shares of NYSEARCA:MGNR opened at $51.05 on Monday. The stock’s fifty day simple moving average is $53.36 and its two-hundred day simple moving average is $50.38. American Beacon GLG Natural Resources ETF has a 1-year low of $32.47 and a 1-year high of $56.37. The stock has a market cap of $754.01 million, a PE ratio of 22.05 and a beta of 0.64.

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. MGNR was launched on Feb 5, 2024 and is issued by American Beacon.