Wealth Enhancement Advisory Services LLC lowered its position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR – Free Report) by 0.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,292,284 shares of the company’s stock after selling 334 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 95.72% of American Beacon GLG Natural Resources ETF worth $39,332,000 as of its most recent filing with the SEC.
Other hedge funds have also recently bought and sold shares of the company. Sendero Wealth Management LLC acquired a new stake in American Beacon GLG Natural Resources ETF during the third quarter worth approximately $1,150,000. Axxcess Wealth Management LLC acquired a new stake in American Beacon GLG Natural Resources ETF during the second quarter worth approximately $2,744,000. CWM LLC acquired a new stake in American Beacon GLG Natural Resources ETF during the third quarter worth approximately $3,686,000. Finally, International Assets Investment Management LLC acquired a new stake in American Beacon GLG Natural Resources ETF during the third quarter worth approximately $7,000,000.
American Beacon GLG Natural Resources ETF Stock Performance
Shares of NYSEARCA MGNR opened at $30.77 on Friday. American Beacon GLG Natural Resources ETF has a 1 year low of $23.95 and a 1 year high of $33.74. The firm’s 50 day moving average price is $31.10 and its 200 day moving average price is $30.06. The firm has a market cap of $41.54 million, a P/E ratio of 17.87 and a beta of 0.89.
American Beacon GLG Natural Resources ETF 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.
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