Cwm LLC Acquires 38,764 Shares of American Beacon GLG Natural Resources ETF $MGNR

Cwm LLC raised its holdings in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 20.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 224,209 shares of the company’s stock after buying an additional 38,764 shares during the quarter. Cwm LLC owned 2.52% of American Beacon GLG Natural Resources ETF worth $9,888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. increased its holdings in American Beacon GLG Natural Resources ETF by 47.9% in the 2nd quarter. Osaic Holdings Inc. now owns 3,253 shares of the company’s stock valued at $108,000 after buying an additional 1,053 shares during the period. Worth Asset Management LLC bought a new stake in American Beacon GLG Natural Resources ETF in the 3rd quarter valued at $251,000. NewEdge Advisors LLC bought a new stake in shares of American Beacon GLG Natural Resources ETF in the 1st quarter worth about $253,000. SFG Wealth Management LLC. bought a new stake in shares of American Beacon GLG Natural Resources ETF in the 3rd quarter worth about $319,000. Finally, Magnolia Private Wealth LLC bought a new stake in shares of American Beacon GLG Natural Resources ETF in the 3rd quarter worth about $433,000.

American Beacon GLG Natural Resources ETF Stock Performance

MGNR opened at $53.34 on Monday. The firm’s 50-day simple moving average is $51.73 and its 200-day simple moving average is $46.63. American Beacon GLG Natural Resources ETF has a twelve month low of $27.58 and a twelve month high of $54.56. The firm has a market cap of $752.09 million, a price-to-earnings ratio of 22.05 and a beta of 0.84.

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.