Global X MSCI Argentina ETF (NYSEARCA:ARGT) Stake Boosted by RFG Holdings Inc.

RFG Holdings Inc. raised its stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 11.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 27,167 shares of the company’s stock after buying an additional 2,698 shares during the quarter. Global X MSCI Argentina ETF makes up about 0.7% of RFG Holdings Inc.’s investment portfolio, making the stock its 15th largest holding. RFG Holdings Inc. owned about 0.23% of Global X MSCI Argentina ETF worth $2,195,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new position in shares of Global X MSCI Argentina ETF during the fourth quarter valued at $36,562,000. Southpoint Capital Advisors LP acquired a new position in Global X MSCI Argentina ETF during the fourth quarter worth about $24,801,000. Duquesne Family Office LLC grew its holdings in Global X MSCI Argentina ETF by 94.6% during the fourth quarter. Duquesne Family Office LLC now owns 548,800 shares of the company’s stock worth $45,369,000 after acquiring an additional 266,800 shares during the period. Wells Fargo & Company MN grew its holdings in Global X MSCI Argentina ETF by 13,727.9% during the fourth quarter. Wells Fargo & Company MN now owns 98,731 shares of the company’s stock worth $8,162,000 after acquiring an additional 98,017 shares during the period. Finally, LPL Financial LLC grew its holdings in Global X MSCI Argentina ETF by 167.2% during the fourth quarter. LPL Financial LLC now owns 129,549 shares of the company’s stock worth $10,710,000 after acquiring an additional 81,068 shares during the period.

Global X MSCI Argentina ETF Stock Up 0.5%

NYSEARCA:ARGT opened at $87.73 on Friday. Global X MSCI Argentina ETF has a 1-year low of $51.09 and a 1-year high of $95.87. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 12.23 and a beta of 1.17. The stock has a fifty day simple moving average of $86.80 and a 200 day simple moving average of $85.20.

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.