Global X MSCI Argentina ETF (NYSEARCA:ARGT) Stock Crosses Below Fifty Day Moving Average of $59.42

Global X MSCI Argentina ETF (NYSEARCA:ARGT)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $59.42 and traded as low as $54.47. Global X MSCI Argentina ETF shares last traded at $55.16, with a volume of 283,184 shares traded.

Global X MSCI Argentina ETF Price Performance

The company has a fifty day moving average of $59.44 and a 200-day moving average of $54.54. The firm has a market capitalization of $207.17 million, a PE ratio of 15.89 and a beta of 1.20.

Hedge Funds Weigh In On Global X MSCI Argentina ETF

Institutional investors have recently bought and sold shares of the stock. Spire Wealth Management bought a new position in Global X MSCI Argentina ETF during the fourth quarter valued at about $167,000. Financial & Tax Architects LLC raised its holdings in Global X MSCI Argentina ETF by 29.8% during the first quarter. Financial & Tax Architects LLC now owns 5,145 shares of the company’s stock valued at $277,000 after buying an additional 1,182 shares in the last quarter. Channing Global Advisors LLC bought a new position in Global X MSCI Argentina ETF during the fourth quarter valued at about $299,000. Atomi Financial Group Inc. bought a new position in Global X MSCI Argentina ETF during the first quarter valued at about $399,000. Finally, Brookstone Capital Management bought a new position in Global X MSCI Argentina ETF during the fourth quarter valued at about $397,000.

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.