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

Global X MSCI Argentina ETF (NYSEARCA:ARGT) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-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.

Global X MSCI Argentina ETF Trading Up 0.7 %

The business has a fifty day moving average of $59.42 and a 200-day moving average of $54.53. The firm has a market cap of $204.64 million, a PE ratio of 15.89 and a beta of 1.20.

Institutional Trading of Global X MSCI Argentina ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Spire Wealth Management bought a new position in Global X MSCI Argentina ETF in the 4th quarter worth about $167,000. Financial & Tax Architects LLC increased its stake in Global X MSCI Argentina ETF by 29.8% in the 1st quarter. Financial & Tax Architects LLC now owns 5,145 shares of the company’s stock worth $277,000 after acquiring an additional 1,182 shares during the last quarter. Channing Global Advisors LLC bought a new position in Global X MSCI Argentina ETF in the 4th quarter worth about $299,000. HighTower Advisors LLC bought a new position in shares of Global X MSCI Argentina ETF during the 3rd quarter valued at about $324,000. Finally, Brookstone Capital Management bought a new position in shares of Global X MSCI Argentina ETF during the 4th quarter valued at about $397,000.

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.