Ocean Park Asset Management LLC Takes Position in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Ocean Park Asset Management LLC purchased a new position in shares of Global X MSCI Argentina ETF (NYSEARCA:ARGT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 5,635 shares of the company’s stock, valued at approximately $466,000.

Several other hedge funds also recently added to or reduced their stakes in ARGT. Farther Finance Advisors LLC purchased a new stake in Global X MSCI Argentina ETF in the third quarter worth $35,000. Harbor Investment Advisory LLC increased its stake in Global X MSCI Argentina ETF by 500.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 1,500 shares of the company’s stock worth $124,000 after buying an additional 1,250 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in Global X MSCI Argentina ETF by 2,792.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,880 shares of the company’s stock valued at $125,000 after buying an additional 1,815 shares in the last quarter. Spire Wealth Management boosted its position in Global X MSCI Argentina ETF by 525.0% in the 4th quarter. Spire Wealth Management now owns 2,500 shares of the company’s stock valued at $207,000 after buying an additional 2,100 shares during the period. Finally, Verity Asset Management Inc. bought a new position in Global X MSCI Argentina ETF in the 3rd quarter worth about $215,000.

Global X MSCI Argentina ETF Stock Performance

Shares of NYSEARCA:ARGT opened at $85.98 on Tuesday. The firm’s 50 day simple moving average is $85.64 and its 200-day simple moving average is $74.52. Global X MSCI Argentina ETF has a one year low of $48.55 and a one year high of $91.25. The firm has a market cap of $318.99 million, a PE ratio of 15.89 and a beta of 1.20.

Global X MSCI Argentina ETF Company 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.