Moran Wealth Management LLC Lowers Stock Holdings in Global X MSCI Argentina ETF $ARGT

Moran Wealth Management LLC reduced its stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 14.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,241 shares of the company’s stock after selling 11,766 shares during the period. Moran Wealth Management LLC owned 0.87% of Global X MSCI Argentina ETF worth $4,900,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Marshall Wace LLP boosted its holdings in shares of Global X MSCI Argentina ETF by 1,074.1% in the second quarter. Marshall Wace LLP now owns 230,361 shares of the company’s stock valued at $19,518,000 after purchasing an additional 210,741 shares during the period. Breakout Capital Partners LP bought a new stake in Global X MSCI Argentina ETF during the 2nd quarter valued at $16,336,000. Flow Traders U.S. LLC purchased a new stake in shares of Global X MSCI Argentina ETF in the 2nd quarter worth $5,920,000. Altfest L J & Co. Inc. bought a new position in shares of Global X MSCI Argentina ETF during the 3rd quarter worth $3,580,000. Finally, Jane Street Group LLC bought a new position in shares of Global X MSCI Argentina ETF during the 1st quarter worth $4,131,000.

Global X MSCI Argentina ETF Price Performance

ARGT stock opened at $94.02 on Friday. The business has a 50-day moving average price of $91.27 and a 200 day moving average price of $83.20. The company has a market capitalization of $776.61 million, a P/E ratio of 13.65 and a beta of 1.10. Global X MSCI Argentina ETF has a 1-year low of $66.49 and a 1-year high of $96.58.

Global X MSCI Argentina ETF Profile

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.