Wealthcare Advisory Partners LLC Decreases Stake in American Beacon AHL Trend ETF $AHLT

Wealthcare Advisory Partners LLC lessened its stake in shares of American Beacon AHL Trend ETF (NYSEARCA:AHLT) by 33.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,686 shares of the company’s stock after selling 6,739 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.63% of American Beacon AHL Trend ETF worth $304,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in American Beacon AHL Trend ETF by 21.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 142,352 shares of the company’s stock worth $3,345,000 after purchasing an additional 24,784 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in American Beacon AHL Trend ETF by 2.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 55,182 shares of the company’s stock valued at $1,297,000 after acquiring an additional 1,571 shares during the period. Smith & Howard Wealth Management LLC lifted its holdings in American Beacon AHL Trend ETF by 136.9% in the first quarter. Smith & Howard Wealth Management LLC now owns 115,502 shares of the company’s stock valued at $2,714,000 after acquiring an additional 66,748 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of American Beacon AHL Trend ETF in the first quarter worth about $2,233,000. Finally, Frontier Asset Management LLC grew its position in shares of American Beacon AHL Trend ETF by 8.2% during the first quarter. Frontier Asset Management LLC now owns 36,218 shares of the company’s stock worth $851,000 after purchasing an additional 2,757 shares in the last quarter.

American Beacon AHL Trend ETF Stock Performance

NYSEARCA AHLT opened at $24.23 on Friday. American Beacon AHL Trend ETF has a 1-year low of $21.17 and a 1-year high of $25.51. The business has a 50 day simple moving average of $23.16 and a two-hundred day simple moving average of $22.46.

American Beacon AHL Trend ETF Profile

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates.