American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC trimmed its position in shares of American Beacon GLG Natural Resources ETF (NYSEARCA:MGNR) by 80.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,096 shares of the company’s stock after selling 74,329 shares during the period. Axxcess Wealth Management LLC’s holdings in American Beacon GLG Natural Resources ETF were worth $551,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV acquired a new position in American Beacon GLG Natural Resources ETF during the 2nd quarter worth $380,000. Lionsbridge Wealth Management LLC bought a new stake in American Beacon GLG Natural Resources ETF in the second quarter valued at about $385,000. Anchor Capital Advisors LLC acquired a new stake in American Beacon GLG Natural Resources ETF during the second quarter valued at approximately $1,117,000. Sendero Wealth Management LLC bought a new position in American Beacon GLG Natural Resources ETF during the 3rd quarter worth approximately $1,150,000. Finally, CWM LLC acquired a new stake in shares of American Beacon GLG Natural Resources ETF during the 3rd quarter valued at approximately $3,686,000.

American Beacon GLG Natural Resources ETF Stock Down 0.6 %

MGNR opened at $30.71 on Thursday. The company’s 50-day moving average price is $30.09 and its 200 day moving average price is $29.91. The firm has a market cap of $41.46 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.

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.