Banco BTG Pactual S.A. Has $1.57 Million Stock Holdings in Global X MSCI Argentina ETF (NYSEARCA:ARGT)

Banco BTG Pactual S.A. increased its stake in Global X MSCI Argentina ETF (NYSEARCA:ARGT) by 317.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,000 shares of the company’s stock after acquiring an additional 13,691 shares during the quarter. Banco BTG Pactual S.A. owned about 0.49% of Global X MSCI Argentina ETF worth $1,574,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in Global X MSCI Argentina ETF during the 4th quarter worth approximately $25,000. Capital Advisors Ltd. LLC acquired a new position in Global X MSCI Argentina ETF in the fourth quarter valued at $48,000. JFS Wealth Advisors LLC bought a new stake in Global X MSCI Argentina ETF during the fourth quarter valued at $67,000. Steward Partners Investment Advisory LLC boosted its position in Global X MSCI Argentina ETF by 37.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,040 shares of the company’s stock valued at $86,000 after acquiring an additional 283 shares during the last quarter. Finally, Whittier Trust Co. acquired a new stake in Global X MSCI Argentina ETF during the 4th quarter worth about $118,000.

Global X MSCI Argentina ETF Price Performance

Shares of NYSEARCA:ARGT opened at $87.16 on Wednesday. Global X MSCI Argentina ETF has a 1 year low of $51.09 and a 1 year high of $91.25. The business’s 50-day moving average is $84.60 and its 200-day moving average is $79.71. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 15.88 and a beta of 1.32.

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.