Primoris Wealth Advisors LLC Purchases New Position in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Primoris Wealth Advisors LLC acquired a new position in Global X MSCI Argentina ETF (NYSEARCA:ARGT) during the first quarter, Holdings Channel reports. The institutional investor acquired 7,206 shares of the company’s stock, valued at approximately $582,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Duquesne Family Office LLC increased its stake in shares of Global X MSCI Argentina ETF by 94.6% during the 4th quarter. Duquesne Family Office LLC now owns 548,800 shares of the company’s stock worth $45,369,000 after purchasing an additional 266,800 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter valued at $36,562,000. Southpoint Capital Advisors LP acquired a new stake in shares of Global X MSCI Argentina ETF in the 4th quarter valued at $24,801,000. LPL Financial LLC boosted its holdings in Global X MSCI Argentina ETF by 167.2% in the fourth 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 in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Global X MSCI Argentina ETF by 13,727.9% in the fourth quarter. Wells Fargo & Company MN now owns 98,731 shares of the company’s stock worth $8,162,000 after purchasing an additional 98,017 shares in the last quarter.

Global X MSCI Argentina ETF Price Performance

Global X MSCI Argentina ETF stock opened at $85.56 on Friday. Global X MSCI Argentina ETF has a one year low of $51.09 and a one year high of $95.87. The company’s fifty day moving average price is $88.23 and its two-hundred day moving average price is $85.35. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 13.65 and a beta of 1.20.

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.