Cambridge Investment Research Advisors Inc. Buys 1,571 Shares of American Beacon AHL Trend ETF (NYSEARCA:AHLT)

Cambridge Investment Research Advisors Inc. lifted its position in American Beacon AHL Trend ETF (NYSEARCA:AHLT) by 2.9% during the 1st quarter, HoldingsChannel reports. The firm owned 55,182 shares of the company’s stock after acquiring an additional 1,571 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in American Beacon AHL Trend ETF were worth $1,297,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Frontier Asset Management LLC purchased a new position in American Beacon AHL Trend ETF during the 4th quarter valued at approximately $788,000. Moors & Cabot Inc. raised its holdings in shares of American Beacon AHL Trend ETF by 27.8% during the 4th quarter. Moors & Cabot Inc. now owns 11,500 shares of the company’s stock worth $271,000 after acquiring an additional 2,500 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of American Beacon AHL Trend ETF by 21.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 142,352 shares of the company’s stock valued at $3,345,000 after acquiring an additional 24,784 shares during the last quarter. Finally, Exchange Traded Concepts LLC purchased a new position in shares of American Beacon AHL Trend ETF in the first quarter valued at $2,233,000.

American Beacon AHL Trend ETF Stock Performance

Shares of AHLT opened at $22.47 on Friday. The company’s fifty day moving average is $21.83 and its 200 day moving average is $22.88. American Beacon AHL Trend ETF has a fifty-two week low of $21.17 and a fifty-two week high of $26.05.

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.