Global X MSCI Argentina ETF (NYSEARCA:ARGT) Shares Gap Up – Should You Buy?

Global X MSCI Argentina ETF (NYSEARCA:ARGT) shares gapped up before the market opened on Monday . The stock had previously closed at $79.31, but opened at $84.67. Global X MSCI Argentina ETF shares last traded at $85.14, with a volume of 211,010 shares changing hands.

Global X MSCI Argentina ETF Trading Down 0.3 %

The company has a market capitalization of $985.83 million, a PE ratio of 15.27 and a beta of 1.18. The firm’s 50-day simple moving average is $82.02 and its 200-day simple moving average is $80.81.

Institutional Trading of Global X MSCI Argentina ETF

Large investors have recently modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter worth $25,000. Capital Advisors Ltd. LLC purchased a new stake in shares of Global X MSCI Argentina ETF during the 4th quarter valued at $48,000. Comerica Bank raised its stake in Global X MSCI Argentina ETF by 181.4% in the fourth quarter. Comerica Bank now owns 788 shares of the company’s stock valued at $65,000 after buying an additional 508 shares during the last quarter. JFS Wealth Advisors LLC acquired a new stake in Global X MSCI Argentina ETF in the 4th quarter worth approximately $67,000. Finally, Glass Jacobson Investment Advisors llc lifted its stake in shares of Global X MSCI Argentina ETF by 437.0% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 1,031 shares of the company’s stock worth $85,000 after buying an additional 839 shares during the period.

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.