Activest Wealth Management Sells 51,582 Shares of Global X MSCI Argentina ETF $ARGT

Activest Wealth Management decreased its holdings in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 53.6% in the 3rd quarter, Holdings Channel reports. The firm owned 44,658 shares of the company’s stock after selling 51,582 shares during the period. Global X MSCI Argentina ETF comprises 0.6% of Activest Wealth Management’s investment portfolio, making the stock its 22nd largest holding. Activest Wealth Management’s holdings in Global X MSCI Argentina ETF were worth $3,115,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in ARGT. Laffer Tengler Investments Inc. purchased a new position in shares of Global X MSCI Argentina ETF in the second quarter worth $218,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Global X MSCI Argentina ETF during the 3rd quarter valued at about $670,000. Leavell Investment Management Inc. purchased a new position in Global X MSCI Argentina ETF during the second quarter valued at $370,000. Clear Creek Financial Management LLC grew its position in Global X MSCI Argentina ETF by 15.5% during the 2nd quarter. Clear Creek Financial Management LLC now owns 19,453 shares of the company’s stock valued at $1,648,000 after purchasing an additional 2,605 shares during the last quarter. Finally, Itau Unibanco Holding S.A. bought a new position in Global X MSCI Argentina ETF in the 2nd quarter valued at approximately $1,380,000.

Global X MSCI Argentina ETF Stock Performance

ARGT opened at $102.07 on Thursday. Global X MSCI Argentina ETF has a 52-week low of $66.49 and a 52-week high of $103.97. The stock has a market capitalization of $843.10 million, a P/E ratio of 13.65 and a beta of 1.10. The company’s 50-day simple moving average is $92.29 and its two-hundred day simple moving average is $84.28.

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.