Verde Servicos Internacionais S.A. Buys New Shares in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Verde Servicos Internacionais S.A. bought a new position in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,600 shares of the company’s stock, valued at approximately $1,538,000. Global X MSCI Argentina ETF accounts for about 0.7% of Verde Servicos Internacionais S.A.’s holdings, making the stock its 21st largest holding.

Several other hedge funds have also recently added to or reduced their stakes in ARGT. Geneos Wealth Management Inc. acquired a new stake in shares of Global X MSCI Argentina ETF during the 4th quarter worth about $1,596,000. Harbor Investment Advisory LLC lifted its position in Global X MSCI Argentina ETF by 500.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 1,500 shares of the company’s stock valued at $124,000 after acquiring an additional 1,250 shares during the last quarter. Wedmont Private Capital acquired a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter valued at about $1,193,000. Fiduciary Alliance LLC purchased a new position in shares of Global X MSCI Argentina ETF during the fourth quarter worth approximately $1,406,000. Finally, Aprio Wealth Management LLC purchased a new position in Global X MSCI Argentina ETF during the 4th quarter worth $403,000.

Global X MSCI Argentina ETF Stock Down 2.6 %

ARGT opened at $83.83 on Tuesday. Global X MSCI Argentina ETF has a 52 week low of $48.55 and a 52 week high of $91.25. The business has a 50 day moving average price of $84.98 and a two-hundred day moving average price of $72.71. The company has a market cap of $311.01 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.