Southpoint Capital Advisors LP Makes New Investment in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Southpoint Capital Advisors LP bought a new position in Global X MSCI Argentina ETF (NYSEARCA:ARGT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 300,000 shares of the company’s stock, valued at approximately $24,801,000. Southpoint Capital Advisors LP owned approximately 8.09% of Global X MSCI Argentina ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Global X MSCI Argentina ETF by 107.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,514 shares of the company’s stock worth $1,294,000 after buying an additional 10,125 shares during the period. LMR Partners LLP bought a new stake in shares of Global X MSCI Argentina ETF during the 4th quarter worth $248,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Global X MSCI Argentina ETF by 37.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,040 shares of the company’s stock worth $86,000 after buying an additional 283 shares during the period. Spire Wealth Management boosted its holdings in shares of Global X MSCI Argentina ETF by 525.0% during the 4th quarter. Spire Wealth Management now owns 2,500 shares of the company’s stock worth $207,000 after buying an additional 2,100 shares during the period. Finally, Polymer Capital Management HK LTD bought a new stake in shares of Global X MSCI Argentina ETF during the 4th quarter worth $4,059,000.

Global X MSCI Argentina ETF Trading Down 0.3%

NYSEARCA ARGT opened at $92.82 on Monday. The company has a fifty day simple moving average of $83.58 and a 200 day simple moving average of $83.59. The company has a market cap of $1.13 billion, a P/E ratio of 12.23 and a beta of 1.23. Global X MSCI Argentina ETF has a 1 year low of $51.09 and a 1 year high of $93.91.

Global X MSCI Argentina ETF 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.