Moran Wealth Management LLC Sells 812 Shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Moran Wealth Management LLC lessened its stake in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 0.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 95,118 shares of the company’s stock after selling 812 shares during the period. Moran Wealth Management LLC owned about 2.56% of Global X MSCI Argentina ETF worth $6,306,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Advisors LLC purchased a new stake in shares of Global X MSCI Argentina ETF during the first quarter valued at $467,000. RFG Holdings Inc. purchased a new stake in Global X MSCI Argentina ETF during the 2nd quarter valued at about $1,273,000. McAdam LLC purchased a new stake in Global X MSCI Argentina ETF during the 2nd quarter valued at about $228,000. Clear Creek Financial Management LLC purchased a new stake in shares of Global X MSCI Argentina ETF in the 2nd quarter valued at approximately $333,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Global X MSCI Argentina ETF by 370.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 36,869 shares of the company’s stock valued at $2,095,000 after buying an additional 29,028 shares during the period.

Global X MSCI Argentina ETF Price Performance

Global X MSCI Argentina ETF stock opened at $81.50 on Thursday. The firm has a 50 day simple moving average of $71.31 and a 200-day simple moving average of $63.86. Global X MSCI Argentina ETF has a 1-year low of $46.00 and a 1-year high of $81.81. The stock has a market cap of $302.37 million, a price-to-earnings ratio of 15.89 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.