Financial & Tax Architects LLC Lowers Position in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Financial & Tax Architects LLC lowered its holdings in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,265 shares of the company’s stock after selling 404 shares during the quarter. Financial & Tax Architects LLC’s holdings in Global X MSCI Argentina ETF were worth $270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Duquesne Family Office LLC raised its holdings in shares of Global X MSCI Argentina ETF by 45.4% during the 2nd quarter. Duquesne Family Office LLC now owns 282,000 shares of the company’s stock valued at $16,020,000 after buying an additional 88,100 shares in the last quarter. Marshall Wace LLP raised its holdings in shares of Global X MSCI Argentina ETF by 848.0% during the 2nd quarter. Marshall Wace LLP now owns 109,034 shares of the company’s stock valued at $6,194,000 after buying an additional 97,533 shares in the last quarter. Good Life Advisors LLC raised its holdings in shares of Global X MSCI Argentina ETF by 102.6% during the 3rd quarter. Good Life Advisors LLC now owns 69,338 shares of the company’s stock valued at $4,597,000 after buying an additional 35,118 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Global X MSCI Argentina ETF by 5.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 50,265 shares of the company’s stock valued at $3,333,000 after buying an additional 2,396 shares in the last quarter. Finally, Bank of Montreal Can raised its holdings in shares of Global X MSCI Argentina ETF by 1,223.0% during the 2nd quarter. Bank of Montreal Can now owns 34,809 shares of the company’s stock valued at $2,022,000 after buying an additional 32,178 shares in the last quarter.

Global X MSCI Argentina ETF Stock Down 2.2 %

Shares of NYSEARCA ARGT traded down $1.93 during trading hours on Friday, reaching $84.83. 465,972 shares of the stock traded hands, compared to its average volume of 638,513. The company has a market capitalization of $314.72 million, a P/E ratio of 15.89 and a beta of 1.20. Global X MSCI Argentina ETF has a 52-week low of $48.55 and a 52-week high of $91.25. The company’s 50-day simple moving average is $83.92 and its two-hundred day simple moving average is $71.27.

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.