Verde Servicos Internacionais S.A. Makes New $1.54 Million Investment in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Verde Servicos Internacionais S.A. acquired a new stake in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,600 shares of the company’s stock, valued at approximately $1,538,000. Global X MSCI Argentina ETF comprises approximately 0.7% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 21st biggest position. Verde Servicos Internacionais S.A. owned 0.50% of Global X MSCI Argentina ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ARGT. Marshall Wace LLP grew its stake in shares of Global X MSCI Argentina ETF by 848.0% in the 2nd quarter. Marshall Wace LLP now owns 109,034 shares of the company’s stock worth $6,194,000 after acquiring an additional 97,533 shares in the last quarter. Good Life Advisors LLC increased its stake in Global X MSCI Argentina ETF by 102.6% in 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 during the last quarter. Bank of Montreal Can boosted its stake in shares of Global X MSCI Argentina ETF by 1,223.0% in the 2nd quarter. Bank of Montreal Can now owns 34,809 shares of the company’s stock worth $2,022,000 after buying an additional 32,178 shares during the last quarter. Arizona PSPRS Trust bought a new position in shares of Global X MSCI Argentina ETF in the third quarter valued at approximately $1,737,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of Global X MSCI Argentina ETF during the fourth quarter valued at approximately $1,596,000.

Global X MSCI Argentina ETF Trading Down 2.6 %

Shares of Global X MSCI Argentina ETF stock opened at $83.83 on Tuesday. The firm has a market capitalization of $311.01 million, a P/E ratio of 15.89 and a beta of 1.20. The business’s fifty day simple moving average is $84.98 and its 200 day simple moving average is $72.71. Global X MSCI Argentina ETF has a 12 month low of $48.55 and a 12 month high of $91.25.

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.