Cavalier Investments LLC Lowers Holdings in Global X MSCI Argentina ETF $ARGT

Cavalier Investments LLC lessened its stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 2.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 22,781 shares of the company’s stock after selling 460 shares during the quarter. Cavalier Investments LLC’s holdings in Global X MSCI Argentina ETF were worth $1,930,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ARGT. Private Trust Co. NA purchased a new position in shares of Global X MSCI Argentina ETF in the 1st quarter worth about $32,000. Ridgewood Investments LLC raised its position in shares of Global X MSCI Argentina ETF by 500.0% in the 1st quarter. Ridgewood Investments LLC now owns 600 shares of the company’s stock worth $48,000 after purchasing an additional 500 shares during the last quarter. Whittier Trust Co. raised its position in shares of Global X MSCI Argentina ETF by 72.9% in the 1st quarter. Whittier Trust Co. now owns 2,477 shares of the company’s stock worth $200,000 after purchasing an additional 1,044 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of Global X MSCI Argentina ETF in the 1st quarter worth about $201,000. Finally, Verity Asset Management Inc. purchased a new position in shares of Global X MSCI Argentina ETF in the 1st quarter worth about $215,000.

Global X MSCI Argentina ETF Price Performance

ARGT opened at $70.49 on Wednesday. The stock has a 50-day moving average price of $75.06 and a 200-day moving average price of $81.69. The firm has a market cap of $570.97 million, a PE ratio of 13.65 and a beta of 1.20. Global X MSCI Argentina ETF has a 1 year low of $66.49 and a 1 year high of $95.87.

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.