Marshall Wace LLP Grows Stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Marshall Wace LLP boosted its position in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 848.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,034 shares of the company’s stock after purchasing an additional 97,533 shares during the period. Marshall Wace LLP’s holdings in Global X MSCI Argentina ETF were worth $6,194,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. McAdam LLC purchased a new position in Global X MSCI Argentina ETF during the second quarter worth $228,000. Financial & Tax Architects LLC increased its position 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 worth $277,000 after buying an additional 1,182 shares in the last quarter. Clear Creek Financial Management LLC purchased a new position in Global X MSCI Argentina ETF during the second quarter worth $333,000. Atomi Financial Group Inc. purchased a new position in Global X MSCI Argentina ETF during the first quarter worth $399,000. Finally, Cetera Advisors LLC purchased a new position in Global X MSCI Argentina ETF during the first quarter worth $467,000.

Global X MSCI Argentina ETF Stock Down 2.0 %

ARGT stock opened at $66.30 on Tuesday. Global X MSCI Argentina ETF has a 52-week low of $37.76 and a 52-week high of $70.58. The stock’s fifty day simple moving average is $62.66 and its 200-day simple moving average is $59.29. The stock has a market capitalization of $245.97 million, a price-to-earnings ratio of 15.89 and a beta of 1.20.

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.