Global X MSCI Argentina ETF (NYSEARCA:ARGT) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Global X MSCI Argentina ETF (NYSEARCA:ARGT) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $92.66 and traded as high as $93.58. Global X MSCI Argentina ETF shares last traded at $92.22, with a volume of 105,772 shares traded.

Global X MSCI Argentina ETF Trading Down 1.3%

The firm has a fifty day simple moving average of $92.66 and a two-hundred day simple moving average of $92.01. The firm has a market cap of $904.68 million, a PE ratio of 13.65 and a beta of 0.96.

Institutional Investors Weigh In On Global X MSCI Argentina ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC purchased a new stake in Global X MSCI Argentina ETF in the 2nd quarter worth approximately $53,000. Cassaday & Co Wealth Management LLC purchased a new stake in Global X MSCI Argentina ETF in the 1st quarter worth approximately $65,000. Kestra Advisory Services LLC purchased a new stake in Global X MSCI Argentina ETF in the 4th quarter worth approximately $97,000. Triumph Capital Management purchased a new stake in Global X MSCI Argentina ETF in the 3rd quarter worth approximately $102,000. Finally, Riggs Asset Managment Co. Inc. lifted its holdings in Global X MSCI Argentina ETF by 1,977.8% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,309 shares of the company’s stock worth $111,000 after buying an additional 1,246 shares during the period.

About Global X MSCI Argentina ETF

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.