Point Break Capital Management LLC Makes New Investment in Global X MSCI Argentina ETF $ARGT

Point Break Capital Management LLC bought a new position in Global X MSCI Argentina ETF (NYSEARCA:ARGT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 investment portfolio, making the stock its 20th biggest position. Point Break Capital Management LLC owned approximately 0.41% of Global X MSCI Argentina ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in shares of Global X MSCI Argentina ETF during the 2nd quarter valued at about $53,000. Cassaday & Co Wealth Management LLC purchased a new stake in Global X MSCI Argentina ETF in the first quarter worth $65,000. Kestra Advisory Services LLC purchased a new stake in Global X MSCI Argentina ETF in the fourth quarter worth $97,000. Riggs Asset Managment Co. Inc. raised its holdings in Global X MSCI Argentina ETF by 1,977.8% in the second quarter. Riggs Asset Managment Co. Inc. now owns 1,309 shares of the company’s stock worth $111,000 after purchasing an additional 1,246 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of Global X MSCI Argentina ETF in the 3rd quarter worth about $102,000.

Global X MSCI Argentina ETF Price Performance

Shares of Global X MSCI Argentina ETF stock opened at $94.46 on Thursday. The firm has a market cap of $839.75 million, a price-to-earnings ratio of 13.65 and a beta of 0.97. Global X MSCI Argentina ETF has a 1 year low of $66.49 and a 1 year high of $103.97. The company has a 50-day moving average of $93.17 and a 200 day moving average of $92.28.

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.