Banco BTG Pactual S.A. Grows Stock Position in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Banco BTG Pactual S.A. grew its stake in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 317.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,000 shares of the company’s stock after acquiring an additional 13,691 shares during the quarter. Banco BTG Pactual S.A.’s holdings in Global X MSCI Argentina ETF were worth $1,574,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ARGT. Raymond James Financial Inc. purchased a new position in Global X MSCI Argentina ETF in the fourth quarter valued at approximately $36,562,000. LPL Financial LLC boosted its position in Global X MSCI Argentina ETF by 167.2% during the 4th quarter. LPL Financial LLC now owns 129,549 shares of the company’s stock worth $10,710,000 after purchasing an additional 81,068 shares during the period. Activest Wealth Management acquired a new stake in Global X MSCI Argentina ETF in the 4th quarter valued at $8,352,000. Integrated Wealth Concepts LLC grew its stake in shares of Global X MSCI Argentina ETF by 5.0% in the third quarter. Integrated Wealth Concepts LLC now owns 50,265 shares of the company’s stock valued at $3,333,000 after buying an additional 2,396 shares in the last quarter. Finally, Arizona PSPRS Trust purchased a new stake in shares of Global X MSCI Argentina ETF during the third quarter valued at approximately $1,737,000.

Global X MSCI Argentina ETF Trading Up 3.1 %

Shares of ARGT stock opened at $87.16 on Wednesday. The firm has a fifty day simple moving average of $84.60 and a 200-day simple moving average of $79.71. The company has a market capitalization of $1.06 billion, a PE ratio of 15.88 and a beta of 1.32. Global X MSCI Argentina ETF has a twelve month low of $51.09 and a twelve month high of $91.25.

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.