Argent Large Cap ETF (NASDAQ:ABIG – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 261 shares, a drop of 66.5% from the August 15th total of 779 shares. Based on an average daily volume of 1,539 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of Argent Large Cap ETF in the 2nd quarter worth approximately $375,000. Moneta Group Investment Advisors LLC grew its holdings in shares of Argent Large Cap ETF by 23.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after purchasing an additional 182,174 shares during the last quarter. Krilogy Financial LLC bought a new position in shares of Argent Large Cap ETF during the 1st quarter valued at $815,000. Finally, Citadel Advisors LLC purchased a new position in Argent Large Cap ETF in the 2nd quarter worth $285,000.
Argent Large Cap ETF Trading Up 1.3%
Shares of ABIG traded up $0.46 during midday trading on Friday, reaching $35.08. The stock had a trading volume of 9,029 shares, compared to its average volume of 4,804. The company has a market capitalization of $57.53 million, a price-to-earnings ratio of 28.52 and a beta of 0.96. The company’s 50-day moving average is $35.00 and its 200 day moving average is $33.14. Argent Large Cap ETF has a 12-month low of $28.39 and a 12-month high of $36.48.
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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