First Command Advisory Services Inc. Buys 6,591,753 Shares of American Beacon GLG Natural Resources ETF $MGNR

First Command Advisory Services Inc. boosted its stake in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 4,514.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,737,769 shares of the company’s stock after buying an additional 6,591,753 shares during the quarter. American Beacon GLG Natural Resources ETF accounts for about 1.8% of First Command Advisory Services Inc.’s holdings, making the stock its 11th biggest holding. First Command Advisory Services Inc. owned approximately 26.19% of American Beacon GLG Natural Resources ETF worth $332,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC boosted its position in shares of American Beacon GLG Natural Resources ETF by 1,140.3% during the 3rd quarter. International Assets Investment Management LLC now owns 160,000 shares of the company’s stock worth $7,891,000 after purchasing an additional 147,100 shares during the period. Midland Wealth Advisors LLC lifted its stake in American Beacon GLG Natural Resources ETF by 6.7% during the third quarter. Midland Wealth Advisors LLC now owns 1,495,859 shares of the company’s stock worth $73,776,000 after purchasing an additional 93,380 shares in the last quarter. AlphaCore Capital LLC boosted its position in shares of American Beacon GLG Natural Resources ETF by 38.5% during the third quarter. AlphaCore Capital LLC now owns 275,631 shares of the company’s stock worth $13,594,000 after buying an additional 76,673 shares during the period. NewEdge Advisors LLC boosted its position in shares of American Beacon GLG Natural Resources ETF by 77.2% during 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 during the period. Finally, Signature Equity Partners LLC purchased a new position in shares of American Beacon GLG Natural Resources ETF during the first quarter worth $1,383,000.

American Beacon GLG Natural Resources ETF Trading Up 0.7%

Shares of NYSEARCA MGNR opened at $47.30 on Thursday. American Beacon GLG Natural Resources ETF has a twelve month low of $39.26 and a twelve month high of $56.45. The stock has a fifty day simple moving average of $50.14 and a 200-day simple moving average of $51.33. The stock has a market capitalization of $1.28 billion, a PE ratio of 13.99 and a beta of 0.85.

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.