Sanctuary Advisors LLC Acquires Shares of 24,207 American Beacon GLG Natural Resources ETF $MGNR

Sanctuary Advisors LLC bought a new position in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) during the first quarter, Holdings Channel.com reports. The institutional investor bought 24,207 shares of the company’s stock, valued at approximately $1,249,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC increased its holdings in shares of American Beacon GLG Natural Resources ETF by 20.9% in the fourth quarter. CWM LLC now owns 224,209 shares of the company’s stock valued at $9,888,000 after purchasing an additional 38,764 shares during the last quarter. Financial Security Advisor Inc. lifted its position in American Beacon GLG Natural Resources ETF by 77.5% during the fourth quarter. Financial Security Advisor Inc. now owns 40,659 shares of the company’s stock worth $1,793,000 after buying an additional 17,747 shares in the last quarter. HighTower Advisors LLC boosted its stake in American Beacon GLG Natural Resources ETF by 72.7% during the fourth quarter. HighTower Advisors LLC now owns 48,238 shares of the company’s stock worth $2,127,000 after buying an additional 20,299 shares during the last quarter. Pursuit Wealth Management LLC acquired a new position in American Beacon GLG Natural Resources ETF during the fourth quarter worth $807,000. Finally, Harbor Investment Advisory LLC boosted its stake in American Beacon GLG Natural Resources ETF by 19.9% during the first quarter. Harbor Investment Advisory LLC now owns 94,862 shares of the company’s stock worth $4,893,000 after buying an additional 15,727 shares during the last quarter.

American Beacon GLG Natural Resources ETF Stock Down 0.3%

Shares of NYSEARCA:MGNR opened at $49.54 on Friday. American Beacon GLG Natural Resources ETF has a 52-week low of $32.47 and a 52-week high of $56.37. The stock has a market cap of $842.18 million, a P/E ratio of 22.05 and a beta of 0.73. The business has a fifty day moving average of $50.80 and a two-hundred day moving average of $51.15.

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.