American Beacon GLG Natural Resources ETF $MGNR Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its position in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 72.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,238 shares of the company’s stock after purchasing an additional 20,299 shares during the quarter. HighTower Advisors LLC owned about 0.48% of American Beacon GLG Natural Resources ETF worth $2,127,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Magnolia Private Wealth LLC acquired a new stake in shares of American Beacon GLG Natural Resources ETF in the third quarter valued at approximately $433,000. CWM LLC increased its stake 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 period. Midland Wealth Advisors LLC bought a new position in shares of American Beacon GLG Natural Resources ETF in the third quarter valued at approximately $46,234,000. Financial Security Advisor Inc. boosted its holdings in shares of American Beacon GLG Natural Resources ETF by 77.5% in the fourth quarter. Financial Security Advisor Inc. now owns 40,659 shares of the company’s stock valued at $1,793,000 after acquiring an additional 17,747 shares in the last quarter. Finally, Sendero Wealth Management LLC boosted its holdings in shares of American Beacon GLG Natural Resources ETF by 9.5% in the fourth quarter. Sendero Wealth Management LLC now owns 1,168,548 shares of the company’s stock valued at $51,533,000 after acquiring an additional 101,185 shares in the last quarter.

American Beacon GLG Natural Resources ETF Price Performance

American Beacon GLG Natural Resources ETF stock opened at $55.19 on Tuesday. The firm has a 50 day simple moving average of $52.85 and a 200-day simple moving average of $49.29. The stock has a market capitalization of $815.16 million, a PE ratio of 22.05 and a beta of 0.68. American Beacon GLG Natural Resources ETF has a 12-month low of $31.67 and a 12-month high of $55.49.

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.