American Beacon GLG Natural Resources ETFMGNR
MGNR
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
40% more funds holding
Funds holding: 10 [Q2] → 14 (+4) [Q3]
35.16% more ownership
Funds ownership: 92.3% [Q2] → 127.46% (+35.16%) [Q3]
26% more capital invested
Capital invested by funds: $42.5M [Q2] → $53.7M (+$11.2M) [Q3]
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Research analyst outlook
We haven’t received any recent analyst ratings for MGNR.
Financial journalist opinion
Neutral
Market Watch
11 months ago
ETF issuers defied investor expectations by raising fees in 2023. They may have to keep doing it.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. After a decade of seemingly never-ending fee-cutting wars, ETF issuers raised their fees in 2023 as the landscape evolved beyond cheap index-tracking funds.
Positive
ETF Trends
11 months ago
American Beacon Launches Natural Resources ETF
On Tuesday, American Beacon rolled out the actively managed American Beacon GLG Natural Resources ETF (MGNR). The fund seeks long-term capital appreciation by taking a global perspective on companies operating in the natural resources sector or adjacent areas.
Neutral
Business Wire
11 months ago
American Beacon Advisors Bolsters ETF Offerings With New Natural Resources Fund
IRVING, Texas--(BUSINESS WIRE)--American Beacon Advisors, Inc. announced the launch of its second exchange-traded fund, the American Beacon GLG Natural Resources ETF (Ticker: MGNR).
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