Abbington Investment Group Acquires 72,043 Shares of American Beacon AHL Trend ETF $AHLT

Abbington Investment Group raised its holdings in shares of American Beacon AHL Trend ETF (NYSEARCA:AHLT) by 16.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 502,556 shares of the company’s stock after purchasing an additional 72,043 shares during the period. American Beacon AHL Trend ETF accounts for approximately 9.0% of Abbington Investment Group’s holdings, making the stock its biggest holding. Abbington Investment Group owned about 27.17% of American Beacon AHL Trend ETF worth $13,236,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in AHLT. Jane Street Group LLC acquired a new position in American Beacon AHL Trend ETF during the 2nd quarter valued at about $379,000. Your Advocates Ltd. LLP raised its position in shares of American Beacon AHL Trend ETF by 141.1% in the 3rd quarter. Your Advocates Ltd. LLP now owns 28,185 shares of the company’s stock valued at $686,000 after acquiring an additional 16,497 shares during the period. Finally, Comerica Bank raised its position in shares of American Beacon AHL Trend ETF by 53.4% in the 3rd quarter. Comerica Bank now owns 7,489 shares of the company’s stock valued at $182,000 after acquiring an additional 2,608 shares during the period.

American Beacon AHL Trend ETF Trading Down 0.6%

Shares of NYSEARCA:AHLT opened at $28.25 on Wednesday. The firm’s 50 day simple moving average is $28.55 and its 200 day simple moving average is $27.02. American Beacon AHL Trend ETF has a fifty-two week low of $21.17 and a fifty-two week high of $30.53.

American Beacon AHL Trend ETF Profile

The American Beacon AHL Trend ETF (AHLT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks capital growth through a systematic, trend-following, managed futures strategy. Using technical analysis, the fund actively manages a wide range of derivatives linked to commodities, stocks indexes, currencies, bonds and interest rates. AHLT was launched on Aug 30, 2023 and is issued by American Beacon.