Moran Wealth Management LLC Has $6.95 Million Position in Global X MSCI Argentina ETF $ARGT

Moran Wealth Management LLC grew its stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,007 shares of the company’s stock after purchasing an additional 1,657 shares during the period. Moran Wealth Management LLC owned about 0.74% of Global X MSCI Argentina ETF worth $6,948,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of Global X MSCI Argentina ETF by 90,313.0% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 250,444 shares of the company’s stock valued at $20,228,000 after purchasing an additional 250,167 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Global X MSCI Argentina ETF by 30.9% in the 1st quarter. LPL Financial LLC now owns 169,636 shares of the company’s stock valued at $13,702,000 after purchasing an additional 40,087 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Global X MSCI Argentina ETF in the 1st quarter valued at approximately $6,226,000. Jane Street Group LLC acquired a new stake in Global X MSCI Argentina ETF during the 1st quarter worth approximately $4,131,000. Finally, Stratos Investment Management LLC acquired a new stake in Global X MSCI Argentina ETF during the 1st quarter worth approximately $2,298,000.

Global X MSCI Argentina ETF Price Performance

NYSEARCA:ARGT opened at $71.87 on Wednesday. The firm’s 50 day simple moving average is $76.46 and its 200 day simple moving average is $81.97. Global X MSCI Argentina ETF has a one year low of $66.49 and a one year high of $95.87. The company has a market cap of $602.99 million, a PE ratio of 13.65 and a beta of 1.20.

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.