Kingsview Wealth Management LLC Makes New Investment in American Beacon GLG Natural Resources ETF $MGNR

Kingsview Wealth Management LLC purchased a new position in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,440 shares of the company’s stock, valued at approximately $769,000. Kingsview Wealth Management LLC owned about 0.18% of American Beacon GLG Natural Resources ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. grew its holdings in American Beacon GLG Natural Resources ETF by 47.9% in the second quarter. Osaic Holdings Inc. now owns 3,253 shares of the company’s stock worth $108,000 after purchasing an additional 1,053 shares during the last quarter. Comerica Bank grew its holdings in American Beacon GLG Natural Resources ETF by 18.6% in the fourth quarter. Comerica Bank now owns 3,167 shares of the company’s stock worth $140,000 after purchasing an additional 497 shares during the last quarter. Harbour Investments Inc. grew its holdings in American Beacon GLG Natural Resources ETF by 41.8% in the fourth quarter. Harbour Investments Inc. now owns 5,625 shares of the company’s stock worth $248,000 after purchasing an additional 1,658 shares during the last quarter. NewEdge Advisors LLC purchased a new position in American Beacon GLG Natural Resources ETF in the first quarter worth $253,000. Finally, SFG Wealth Management LLC. purchased a new position in American Beacon GLG Natural Resources ETF in the third quarter worth $319,000.

American Beacon GLG Natural Resources ETF Price Performance

Shares of MGNR opened at $55.19 on Tuesday. The firm 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 1-year low of $31.67 and a 1-year high of $55.49. The company’s fifty day moving average price is $52.85 and its 200-day moving average price is $49.29.

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.