Global X MSCI Argentina ETF (NYSEARCA:ARGT) Shares Pass Below Fifty Day Moving Average – What’s Next?

Global X MSCI Argentina ETF (NYSEARCA:ARGT) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $92.06 and traded as low as $86.24. Global X MSCI Argentina ETF shares last traded at $87.67, with a volume of 176,833 shares traded.

Global X MSCI Argentina ETF Stock Performance

The firm has a market capitalization of $782.89 million, a PE ratio of 13.65 and a beta of 1.10. The firm has a fifty day moving average of $92.06 and a 200 day moving average of $86.76.

Institutional Trading of Global X MSCI Argentina ETF

Several large investors have recently bought and sold shares of ARGT. Harbour Wealth Management Group Inc. acquired a new position in shares of Global X MSCI Argentina ETF during the fourth quarter worth $638,000. Summit Securities Group LLC acquired a new stake in Global X MSCI Argentina ETF during the 4th quarter valued at $676,000. Balyasny Asset Management L.P. acquired a new stake in Global X MSCI Argentina ETF during the 4th quarter valued at $1,069,000. State of Wisconsin Investment Board purchased a new stake in Global X MSCI Argentina ETF during the 4th quarter worth $2,450,000. Finally, Kestra Advisory Services LLC acquired a new position in Global X MSCI Argentina ETF in the 4th quarter worth $97,000.

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.