Global X MSCI Argentina ETF (NYSEARCA:ARGT) Stock Price Passes Below Fifty Day Moving Average of $58.58

Global X MSCI Argentina ETF (NYSEARCA:ARGTGet Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $58.58 and traded as low as $57.58. Global X MSCI Argentina ETF shares last traded at $57.71, with a volume of 202,568 shares.

Global X MSCI Argentina ETF Stock Performance

The business’s fifty day moving average price is $58.65 and its two-hundred day moving average price is $53.61. The stock has a market capitalization of $211.92 million, a P/E ratio of 15.89 and a beta of 1.20.

Hedge Funds Weigh In On Global X MSCI Argentina ETF

Several hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management bought a new position in Global X MSCI Argentina ETF in the 4th quarter worth about $167,000. Atomi Financial Group Inc. bought a new position in Global X MSCI Argentina ETF in the 3rd quarter worth about $274,000. Financial & Tax Architects LLC lifted its position in shares of Global X MSCI Argentina ETF by 29.8% in the 1st quarter. Financial & Tax Architects LLC now owns 5,145 shares of the company’s stock worth $277,000 after purchasing an additional 1,182 shares during the period. Channing Global Advisors LLC purchased a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter worth approximately $299,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Global X MSCI Argentina ETF in the 3rd quarter worth approximately $324,000.

Global X MSCI Argentina ETF Company Profile

(Get Free Report)

The Global X MSCI Argentina ETF (ARGT) is an exchange-traded fund that is based on the MSCI All Argentina 25\u002F50 index. The fund tracks a narrow index of companies with Argentine economic linkages that are selected and weighted by market cap. ARGT was launched on Mar 2, 2011 and is managed by Global X.

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