American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its holdings in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,914 shares of the company’s stock after selling 8,259 shares during the period. LPL Financial LLC’s holdings in American Beacon GLG Natural Resources ETF were worth $1,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. HighTower Advisors LLC bought a new stake in shares of American Beacon GLG Natural Resources ETF during the 4th quarter worth about $1,599,000. Anchor Capital Advisors LLC boosted its holdings in shares of American Beacon GLG Natural Resources ETF by 45.4% in the fourth quarter. Anchor Capital Advisors LLC now owns 61,173 shares of the company’s stock valued at $1,818,000 after acquiring an additional 19,106 shares in the last quarter. Centurion Wealth Management LLC acquired a new position in shares of American Beacon GLG Natural Resources ETF during the fourth quarter valued at approximately $4,381,000. Janney Montgomery Scott LLC bought a new stake in American Beacon GLG Natural Resources ETF during the fourth quarter worth approximately $7,216,000. Finally, Sendero Wealth Management LLC raised its holdings in American Beacon GLG Natural Resources ETF by 550.3% during the fourth quarter. Sendero Wealth Management LLC now owns 245,745 shares of the company’s stock worth $7,302,000 after purchasing an additional 207,956 shares in the last quarter.

American Beacon GLG Natural Resources ETF Stock Performance

Shares of NYSEARCA MGNR opened at $28.94 on Friday. American Beacon GLG Natural Resources ETF has a 1 year low of $24.79 and a 1 year high of $33.74. The firm has a market cap of $116.63 million, a P/E ratio of 20.67 and a beta of 0.89. The stock has a fifty day moving average price of $29.70 and a two-hundred day moving average price of $30.62.

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.