Global X MSCI Argentina ETF (NYSEARCA:ARGT) Holdings Decreased by Arlington Capital Management Inc.

Arlington Capital Management Inc. decreased its holdings in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 51.9% in the 4th quarter, Holdings Channel reports. The firm owned 33,023 shares of the company’s stock after selling 35,571 shares during the quarter. Global X MSCI Argentina ETF comprises about 1.5% of Arlington Capital Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Arlington Capital Management Inc.’s holdings in Global X MSCI Argentina ETF were worth $1,695,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Spire Wealth Management acquired a new stake in shares of Global X MSCI Argentina ETF in the fourth quarter valued at approximately $167,000. Channing Global Advisors LLC purchased a new position in Global X MSCI Argentina ETF during the 4th quarter valued at about $299,000. Atomi Financial Group Inc. purchased a new stake in shares of Global X MSCI Argentina ETF in the third quarter worth approximately $274,000. Brookstone Capital Management acquired a new stake in shares of Global X MSCI Argentina ETF during the fourth quarter worth approximately $397,000. Finally, HighTower Advisors LLC purchased a new position in Global X MSCI Argentina ETF during the third quarter valued at approximately $324,000.

Global X MSCI Argentina ETF Stock Performance

Shares of NYSEARCA:ARGT traded down $0.60 during midday trading on Thursday, hitting $63.16. 177,589 shares of the stock were exchanged, compared to its average volume of 89,117. Global X MSCI Argentina ETF has a 52-week low of $37.76 and a 52-week high of $65.82. The business’s fifty day simple moving average is $54.37 and its two-hundred day simple moving average is $50.49. The company has a market capitalization of $234.32 million, a PE ratio of 15.89 and a beta of 1.20.

Global X MSCI Argentina ETF Company 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.