Argent Large Cap ETF (NASDAQ:ABIG – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 261 shares, a decrease of 66.5% from the August 15th total of 779 shares. Based on an average daily trading volume, of 1,539 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Argent Large Cap ETF Trading Up 1.3%
Shares of NASDAQ:ABIG traded up $0.46 on Friday, reaching $35.08. 9,029 shares of the company traded hands, compared to its average volume of 4,804. The stock has a market capitalization of $57.53 million, a P/E ratio of 28.52 and a beta of 0.96. The business’s 50-day simple moving average is $35.00 and its 200 day simple moving average is $33.14. Argent Large Cap ETF has a 52 week low of $28.39 and a 52 week high of $36.48.
Hedge Funds Weigh In On Argent Large Cap ETF
Several institutional investors and hedge funds have recently bought and sold shares of ABIG. Moneta Group Investment Advisors LLC increased its stake in Argent Large Cap ETF by 23.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock worth $30,654,000 after purchasing an additional 182,174 shares during the period. Krilogy Financial LLC purchased a new stake in shares of Argent Large Cap ETF during the first quarter valued at approximately $815,000. Jane Street Group LLC purchased a new stake in shares of Argent Large Cap ETF during the second quarter valued at approximately $375,000. Finally, Citadel Advisors LLC bought a new position in shares of Argent Large Cap ETF in the second quarter worth approximately $285,000.
Argent Large Cap ETF Company Profile
The Argent Large Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in approximately 30 to 35 large-cap U.S. companies. The fund focuses on “Enduring Businesses” with durable competitive advantages, consistent cash flow growth, and management teams with proven track records of value creation.
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