American Beacon GLG Natural Resources ETF $MGNR Shares Newly Purchased by MGO One Seven LLC

MGO One Seven LLC acquired a new stake in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,175 shares of the company’s stock, valued at approximately $650,000. MGO One Seven LLC owned about 0.05% of American Beacon GLG Natural Resources ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in American Beacon GLG Natural Resources ETF by 77.2% in the first quarter. NewEdge Advisors LLC now owns 148,319 shares of the company’s stock worth $7,650,000 after buying an additional 64,632 shares in the last quarter. Sanctuary Advisors LLC bought a new position in American Beacon GLG Natural Resources ETF during the first quarter valued at approximately $1,249,000. Verdence Capital Advisors LLC raised its stake in shares of American Beacon GLG Natural Resources ETF by 3.0% during the third quarter. Verdence Capital Advisors LLC now owns 758,314 shares of the company’s stock worth $37,400,000 after acquiring an additional 22,425 shares in the last quarter. Signature Equity Partners LLC purchased a new position in shares of American Beacon GLG Natural Resources ETF during the first quarter worth approximately $1,383,000. Finally, International Assets Investment Management LLC raised its stake in shares of American Beacon GLG Natural Resources ETF by 1,140.3% during the third quarter. International Assets Investment Management LLC now owns 160,000 shares of the company’s stock worth $7,891,000 after acquiring an additional 147,100 shares in the last quarter.

American Beacon GLG Natural Resources ETF Trading Up 1.1%

Shares of MGNR traded up $0.51 during mid-day trading on Friday, reaching $46.60. The company’s stock had a trading volume of 77,560 shares, compared to its average volume of 146,932. The company’s fifty day moving average price is $50.57 and its two-hundred day moving average price is $51.37. The stock has a market cap of $1.21 billion, a PE ratio of 13.99 and a beta of 0.85. American Beacon GLG Natural Resources ETF has a 52 week low of $39.26 and a 52 week high of $56.45.

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.