AGT - iShares MSCI Argentina and Global Exposure ETF

BATS - BATS Real Time Price. Currency in USD
24.09
-0.39 (-1.59%)
At close: 1:40PM EDT
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Previous Close24.48
Open24.06
Bid0.00 x 900
Ask0.00 x 3000
Day's Range24.06 - 24.09
52 Week Range18.34 - 27.02
Volume280
Avg. Volume6,422
Net Assets21.25M
NAV23.97
PE Ratio (TTM)N/A
Yield1.01%
YTD Return18.66%
Beta (3Y Monthly)0.00
Expense Ratio (net)0.59%
Inception Date2017-04-25
  • ETF Trends16 days ago

    Argentina ETF Surges After MercadoLibre Posts Q1 Results

    Argentina country-specific ETFs climbed Friday after e-commerce retailer MercadoLibre Inc rallied to a record high on a first-quarter revenue beat. On Friday, the Global X MSCI Argentina ETF (NYSEArca: ...

  • ETF Trendslast month

    Argentina ETFs Gain as IMF Chief Says Economic Policies are “Bearing Fruit”

    After a third review of Argentina's economic progress, the International Monetary Fund (IMF) released a $10.8 billion round of funds as part of a major financing deal reached last year. On Friday, the Global X MSCI Argentina ETF (ARGT) was up 1 percent and the iShares MSCI Argentina and Global Exposure ETF (AGT) was 1.02 percent higher. While both ETFs are up YTD, economic risk do remain. Argentina, Latin America’s third largest economy, is facing recessionary pressure, which does warrant caution by prospective investors.

  • ETF Trends2 months ago

    Why Caution Is Required With Argentina ETFs

    The Global X MSCI Argentina ETF (ARGT) and the iShares MSCI Argentina and Global Exposure ETF (AGT) are both sporting double-digit year-to-date gains, but some analysts see lingering fiscal risks for Argentina’s economy. Argentina, South America's second-largest economy behind Brazil, is facing recession pressure, including high cost of credit and slack demand. “The Argentine peso showed appreciating pressure in January 2019, dropping below the Central Bank's (Banco Central de la República Argentina: BCRA) no-intervention range and prompting the bank to purchase hard currency and to relax monetary policy,” said Markit in a recent note.

  • ETF Trends3 months ago

    MercadoLibre Q4 Results Help Lift Argentina ETFs

    While most of the market slipped on Wednesday, Argentina country-specific exchange traded funds still managed to climb higher, strengthening on phenomenal results from Latin American e-commerce giant MercadoLibre ...

  • ETF Trends4 months ago

    Risks Remain For Resurgent Argentina ETFs

    Amid a plunging currency, a scorched earth campaign to boost interest rates and bailout concerns, Argentina was home to some of 2018's worst-performing equity markets. The Global X MSCI Argentina ETF (ARGT) and the iShares MSCI Argentina and Global Exposure ETF (AGT) are both sporting double-digit year-to-date gains, but some analysts see lingering fiscal risks for Argentina's economy. “Argentina met its fiscal deficit target last year, but risks to hitting future targets remain significant,” Fitch Ratings said in a recent note.

  • Benzinga5 months ago

    5 Worst ETFs Of 2018

    The S&P 500 is lower by nearly 8 percent on a year-to-date basis, indicating it's going to take a lot of work in a short amount of time for the index to close 2018 on an upbeat note. There are over 2,200 ...

  • ETF Trends7 months ago

    Argentina ETFs Gain Momentum After Loan Approval

    Argentina ETFs have picked up speed, breaking above their short-term trend lines, after gaining approval for three loans totaling more than $1.8 billion. On Friday, the Global X MSCI Argentina ETF (ARGT) was up 1.1% and the iShares MSCI Argentina and Global Exposure ETF (AGT) was 3.2% higher. Argentina's markets were strengthening after the World Bank and the Inter-American Development said they were providing the emerging economy with three loans totaling more than $1.8 billion to support the country through its financial difficulties and citizens whom are most at risk, the Associated Press reported.

  • ETF Trends8 months ago

    Argentina ETFs Strengthen on ‘Important Progress’ in IMF Loan Talks

    Argentina stocks and country-specific ETFs bounced higher Monday after the International Monetary Fund stated "important progress" has been made on overhauling the developing country's standby loan agreement. On Monday, the Global X MSCI Argentina ETF (ARGT) was up 1.6% and the iShares MSCI Argentina and Global Exposure ETF (AGT) was 1.5% higher. Supporting the rebound in Argentina's market, the downtrodden peso currency appreciated and the risk of its bonds defaulting improved slightly as the budget bill and reworked IMF deal grow closer to being announced, Reuters reports.

  • ETF Trends9 months ago

    Argentina Leads Emerging Markets Downturn

    Several emerging market currencies fell sharply on Thursday after Argentina’s central bank raised interest rates to 60%, representing a 15% hike and the highest level of any nation’s central bank. This rate hike followed Wednesday's plea by Argentine President Mauricio Macri, in which he publicly asked the IMF to accelerate the rollout of its $50 billion emergency line of credit. “When [Macri] said he was going to go to the IMF to get the funds sooner, it sounded like a voice of desperation,” explained Bloomberg Macro Strategist Vincent Cignarella in a recent interview.

  • ETF Trends9 months ago

    Argentina ETF Plunges After Central Bank Hikes Rates

    Argentina country-specific exchange traded funds plummeted Thursday after the central bank unexpectedly hiked interest rates to bolster confidence over a faltering peso currency, which recently weakened to a new low in response to the government's request for the International Monetary Fund to speed up loans under its bailout package. In an unscheduled meeting, Argentina's central bank sharply raised rates to 60% from 45% and pledged to not lower rates until at least December in an attempt to support the peso, the Wall Street Journal reports.

  • ETF Trends9 months ago

    Argentina ETFs: Investors Growing Wary of Risks

    Investors have been pulling out of Argentina ETFs as  a weakening economic outlook and uncertainty over corruption charges deter investment interest. The $99 million Global X MSCI Argentina ETF (ARGT) , the largest Argentina-related ETF, experienced over $33 million in outflows in August, marking its biggest monthly withdrawal since its inception, Bloomberg reports. Bloomberg also noted that investors have traded 2.3 million shares of ARGT this month, over double the monthly average for the past year.

  • ETF Trends11 months ago

    Argentina ETFs Pop After Central Bank Strengthens Peso

    Argentina country-specific ETFs climbed Tuesday after the Argentinian central bank moved to shore up its currency, lifting the peso to its biggest gain in six weeks. On Tuesday, the Global X MSCI Argentina ETF (ARGT) increased 4.6% and the iShares MSCI Argentina and Global Exposure ETF (AGT) rose 3.0%. The Argentina markets have been experiencing an awful year, with ARGT down 24.8% and AGT 24.7% lower year-to-date.

  • Top and Flop ETF Areas of May
    Zackslast year

    Top and Flop ETF Areas of May

    Inside the best and worst performing ETFs in the month of May.