American Beacon GLG Natural Resources ETF $MGNR Stock Holdings Boosted by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC grew its position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 19.9% during the 1st quarter, Holdings Channel reports. The firm owned 94,862 shares of the company’s stock after purchasing an additional 15,727 shares during the period. Harbor Investment Advisory LLC’s holdings in American Beacon GLG Natural Resources ETF were worth $4,893,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Comerica Bank raised its stake in shares of American Beacon GLG Natural Resources ETF by 18.6% in the 4th quarter. Comerica Bank now owns 3,167 shares of the company’s stock worth $140,000 after buying an additional 497 shares in the last quarter. Philip James Wealth Mangement LLC boosted its stake in American Beacon GLG Natural Resources ETF by 7.5% during the fourth quarter. Philip James Wealth Mangement LLC now owns 13,481 shares of the company’s stock valued at $595,000 after buying an additional 942 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in American Beacon GLG Natural Resources ETF by 5.3% during the fourth quarter. Kestra Advisory Services LLC now owns 20,567 shares of the company’s stock valued at $907,000 after buying an additional 1,032 shares in the last quarter. Osaic Holdings Inc. grew its holdings in American Beacon GLG Natural Resources ETF by 47.9% during the second quarter. Osaic Holdings Inc. now owns 3,253 shares of the company’s stock worth $108,000 after acquiring an additional 1,053 shares during the period. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in American Beacon GLG Natural Resources ETF during the fourth quarter worth about $62,000.

American Beacon GLG Natural Resources ETF Trading Up 0.6%

Shares of American Beacon GLG Natural Resources ETF stock opened at $48.55 on Wednesday. The company’s 50-day moving average price is $52.77 and its two-hundred day moving average price is $50.66. 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 $717.08 million, a PE ratio of 22.05 and a beta of 0.64.

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.