Wealth Enhancement Advisory Services LLC Acquires New Shares in American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR)

Wealth Enhancement Advisory Services LLC bought a new position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 680,495 shares of the company’s stock, valued at approximately $19,319,000.

American Beacon GLG Natural Resources ETF Stock Performance

American Beacon GLG Natural Resources ETF stock opened at $29.81 on Friday. The stock’s fifty day moving average price is $30.42. The firm has a market cap of $40.24 million, a price-to-earnings ratio of 17.87 and a beta of 0.89. American Beacon GLG Natural Resources ETF has a fifty-two week low of $23.95 and a fifty-two week high of $32.71.

American Beacon GLG Natural Resources ETF 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.