36,200 Shares in Global X MSCI Argentina ETF $ARGT Acquired by Point Break Capital Management LLC

Point Break Capital Management LLC purchased a new position in Global X MSCI Argentina ETF (NYSEARCA:ARGT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 36,200 shares of the company’s stock, valued at approximately $710,000. Global X MSCI Argentina ETF comprises about 0.8% of Point Break Capital Management LLC’s portfolio, making the stock its 20th biggest position.

A number of other large investors also recently modified their holdings of the company. Royal Bank of Canada raised its stake in Global X MSCI Argentina ETF by 14.6% in the first quarter. Royal Bank of Canada now owns 14,115 shares of the company’s stock valued at $1,318,000 after buying an additional 1,795 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Global X MSCI Argentina ETF by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 8,817 shares of the company’s stock valued at $823,000 after acquiring an additional 135 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Global X MSCI Argentina ETF during the 1st quarter worth about $65,000. Canal Insurance CO purchased a new stake in Global X MSCI Argentina ETF during the first quarter worth approximately $240,000. Finally, Revisor Wealth Management LLC lifted its stake in Global X MSCI Argentina ETF by 167.9% during the first quarter. Revisor Wealth Management LLC now owns 6,893 shares of the company’s stock worth $643,000 after purchasing an additional 4,320 shares during the last quarter.

Global X MSCI Argentina ETF Stock Down 1.1%

Shares of Global X MSCI Argentina ETF stock opened at $94.46 on Thursday. Global X MSCI Argentina ETF has a 52 week low of $66.49 and a 52 week high of $103.97. The firm’s 50 day moving average is $93.17 and its two-hundred day moving average is $92.28. The firm has a market capitalization of $839.75 million, a P/E ratio of 13.65 and a beta of 0.97.

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.