Harbor Investment Advisory LLC Raises Stock Position in American Beacon GLG Natural Resources ETF $MGNR

Harbor Investment Advisory LLC raised its holdings in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 62.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 71,673 shares of the company’s stock after purchasing an additional 27,641 shares during the quarter. Harbor Investment Advisory LLC owned 1.02% of American Beacon GLG Natural Resources ETF worth $2,899,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Osaic Holdings Inc. raised its position 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 valued at $108,000 after acquiring an additional 1,053 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in American Beacon GLG Natural Resources ETF by 2.2% during the second quarter. Envestnet Asset Management Inc. now owns 71,020 shares of the company’s stock worth $2,359,000 after buying an additional 1,557 shares in the last quarter. Farther Finance Advisors LLC grew its position in American Beacon GLG Natural Resources ETF by 88.6% during the second quarter. Farther Finance Advisors LLC now owns 6,121 shares of the company’s stock valued at $203,000 after buying an additional 2,876 shares during the period. Harbour Investments Inc. acquired a new stake in American Beacon GLG Natural Resources ETF during the second quarter valued at $106,000. Finally, Anchor Capital Advisors LLC increased its holdings in American Beacon GLG Natural Resources ETF by 6.9% in the second quarter. Anchor Capital Advisors LLC now owns 75,866 shares of the company’s stock valued at $2,520,000 after buying an additional 4,925 shares in the last quarter.

American Beacon GLG Natural Resources ETF Stock Performance

Shares of American Beacon GLG Natural Resources ETF stock opened at $46.98 on Tuesday. The firm has a 50-day simple moving average of $43.08 and a two-hundred day simple moving average of $39.03. American Beacon GLG Natural Resources ETF has a fifty-two week low of $24.79 and a fifty-two week high of $47.03. The company has a market cap of $398.39 million, a P/E ratio of 22.05 and a beta of 0.89.

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.