12,800 Shares in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) Purchased by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV bought a new stake in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,800 shares of the company’s stock, valued at approximately $380,000. Nations Financial Group Inc. IA ADV owned approximately 0.95% of American Beacon GLG Natural Resources ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Wealth Enhancement Advisory Services LLC bought a new stake in American Beacon GLG Natural Resources ETF during the first quarter valued at about $19,319,000.

American Beacon GLG Natural Resources ETF Stock Up 0.4 %

MGNR stock traded up $0.13 during mid-day trading on Friday, hitting $29.29. The company had a trading volume of 6,054 shares, compared to its average volume of 22,298. The company has a market capitalization of $39.54 million, a price-to-earnings ratio of 17.87 and a beta of 0.89. The company has a 50-day moving average price of $29.20 and a 200 day moving average price of $28.88. American Beacon GLG Natural Resources ETF has a 12-month low of $23.95 and a 12-month high of $32.71.

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.