ARGT - Global X MSCI Argentina ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
24.05
+0.14 (+0.59%)
As of 3:36PM EST. Market open.
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Previous Close23.91
Open23.98
Bid24.02 x 1800
Ask24.07 x 1800
Day's Range23.83 - 24.24
52 Week Range21.57 - 33.95
Volume34,238
Avg. Volume51,973
Net Assets69.33M
NAV23.93
PE Ratio (TTM)N/A
Yield2.36%
YTD Daily Total Return2.26%
Beta (3Y Monthly)1.61
Expense Ratio (net)0.59%
Inception Date2011-03-02
  • ETF Trends

    Brazil ETFs Brush Off Trump’s New Metal Tariffs

    President Donald Trump announced the U.S. will restore tariffs on steel and aluminum imports from Brazil and Argentina in retaliation for their depreciating currencies that has affected U.S. farmers, but Brazilian stocks and country-specific exchange traded funds did not bat an eye. The iShares MSCI Brazil ETF (NYSEArca: EWZ) , the largest Brazil-related ETF, increased 1.6% on Monday. Investors were now looking forward to to Brazil's third quarter economic growth numbers that will come out on Tuesday.

  • Why Latin American investors aren’t panicking over Argentina’s election
    MarketWatch

    Why Latin American investors aren’t panicking over Argentina’s election

    Argentine assets are likely in for more pain if President Mauricio Macri is turned out of office in Sunday’s election, but broader Latin American markets are likely to continue shrugging off political developments in Argentina and unrest elsewhere in South America, says one economist.

  • Benzinga

    Politics Still Problematic For The Argentina ETF

    The oldest and largest Argentina exchange traded fund listed in New York was on a torrid pace through the first seven months of 2019 only to fall on hard times falling a primary election that pointed to a new market unfriendly regime coming to power. “The country suffered severe financial deterioration after the August 11 primary elections, which showed an increased likelihood of victory by the opposition presidential candidate,” Fitch Ratings said in a recent note.

  • ETF Trends

    Argentina ETF Could Find a Helping Hand from the IMF

    Argentina ETFs have fallen on hard times, but the country may find a helping hand from the International Monetary Fund as the institution stated its intent to help the Latin emerging economy work through its current crisis. On Thursday, IMF Managing Director Kristalina Georgieva revealed the Fund's intentions to help support Argentina's economy, but she added that they will wait to see the future policy framework adopted under the new leadership after the country holds an election later this month in which a change of government is widely predicted, Reuters reports.

  • ETF Trends

    Pummeled Argentina ETFs Ma Bargain Hunters

    After experiencing a steep plunge, Argentina country-specific exchange traded funds could warrant another look, especially with Buenos Aires and the International Monetary Fund taking steps to stabilize the economy. The Global X MSCI Argentina ETF (ARGT) and iShares MSCI Argentina and Global Exposure ETF (AGT) have plunged over 30% from their July highs to multi-year lows, and bargain hunters may be stepping back into this beleaguered market. Argentina's main stock index lost almost half its value in the weeks following a shock August 11 primary election that dealt a blow to market-friendly conservative President Mauricio Macri and sent the country’s debt market and peso currency reeling, Reuters reports.

  • ETF Trends

    Argentina ETF’s Top Holding Can Weather Political Volatility

    Down almost 32% over the past month, the once high-flying Global X MSCI Argentina ETF (ARGT) , the largest US-listed ETF dedicated to stocks in Latin America's second-largest economy, is beset by political volatility. One glimmer of hope for the Argentina ETF is its largest holding, online retailer and e-commerce giant MercadoLibre (MELI). While note immune to Argentina's political volatility (the stock is down 20% over the past month), MercadoLibre still has the makings of a winner, according to some analysts.

  • ETF Trends

    Argentina ETFs Maintain Momentum on New Capital Controls

    Argentina country-specific ETFs continued to push higher Thursday for the second day as the government’s new capital controls help assuage market fears. On Thursday, the Global X MSCI Argentina ETF (NYSEArca: ...

  • August ETF Events That Grab Headlines
    Zacks

    August ETF Events That Grab Headlines

    August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.

  • ETF Database

    Best & Worst Monthly Performers: August 28 Edition

    Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.

  • Benzinga

    A Glimmer Of Hope During A Bad Month For The Argentina ETF

    Life happens fast in financial markets and in the course of one trading day, a stock or exchange traded fund can go from hero to laggard. A day after President Mauricio Macri suffered a stunning defeat in a primary used to gauge candidates' popularity, Argentina's equity market lost nearly half its value. ARGT, the largest Argentina ETF trading in New York, is now saddled with an August loss of more than 28%.

  • ETF Trends

    Assessing Argentina Angles Amid Political Volatility

    In a single day earlier this month, stocks in Argentina, South America's second-largest economy, lost nearly half their value after pro-markets President Mauricio Macri lost a primary to Alberto Fernandez, a member of the Peronist party. With investors speculating about Macri's political future and at least one ratings agency downgrading Argentina's rating into highly speculative territory, the Global X MSCI Argentina ETF (ARGT) is lower by about 26% this month, a tumble that has nearly wiped all of the previously high-flying ETF's 2019 gains. While Argentina’s economy, South America’s second-largest behind Brazil, has not been perfect under Macri, he has been embraced by market participants there and helped engineer a critical bailout from the International Monetary Fund in 2018.

  • ETFs Winners & Losers Halfway Through Q3
    Zacks

    ETFs Winners & Losers Halfway Through Q3

    Many corners of the market have seen rough trading while a few still stand tall so far in the third quarter.

  • ETF Winners & Losers of Last Week
    Zacks

    ETF Winners & Losers of Last Week

    We have highlighted last week's best and worst performing ETFs.

  • ETF Trends

    Argentina ETFs Continue Taking Big Hits

    The past few years for Argentina have shown various shifts in trends, but after seeing a surge for their country-specific ETFs leading up to this past weekend, the surprising landslide election win for Alberto Fernandez switched momentum in a very opposite direction this week. As ETF Trends previously reported on the plunging value of the Global X MSCI Argentina ETF (ARGT) on Monday, which was the immediate response to President Macri’s loss. Based on a statement from Nikko Asset Management’s Raphael Marechal, it seems as though it’s going to continue being a volatile market for the South American nation.

  • ETF Trends

    Tom Lydon Discusses Currency Hedging ETF Plays on CNBC

    ETF Trends CEO Tom Lydon joined "ETF Edge" host Bob Pisani and CFRA's Todd Rosenbluth on CNBC's "Halftime Report" on Monday to discuss how to make the most out of currency hedging ETF plays. “We haven’t been paying attention to currencies for a while," Lydon said. If you don’t hedge your currency with your overseas investment, you’re betting on that local currency.

  • 2 Names Sinking on Argentina Election Shocker
    Schaeffer's Investment Research

    2 Names Sinking on Argentina Election Shocker

    The ETF and bank stock are pacing for their worst sessions ever

  • ETF Trends

    Argentina ETF Drubbed After Macri Loses Primary

    After soaring last Friday ahead of Sunday's primary election, the Global X MSCI Argentina ETF (ARGT) plunged Monday, at one point shedding a quarter of its value after pro-markets President Mauricio Macri lost a primary to Alberto Fernandez, a member of the Peronist party. The party primaries are closely monitored in Argentina since they are held simultaneously and voting is obligatory, so they more-or-less act as a referendum on the candidates’ popularity in Latin American country or an early poll involving the entire electorate. Just 90 minutes into Monday's session, ARGT's volume was already more than nine times the daily average.

  • ETF Trends

    Argentina ETFs Surge Ahead of Sunday’s Primary Elections

    Argentina country-specific exchange traded funds bucked the general downbeat trend on Friday, climbing ahead of a tight presidential race with primary elections on Sunday to provide a signal on who might win in October's vote. Conservative President Mauricio Macri is facing an opposition ticket including ex-President Cristina Fernández, Washington Post reports. The party primaries are closely monitored in Argentina since they are held simultaneously and voting is obligatory, so they more-or-less act as a referendum on the candidates’ popularity in Latin American country or an early poll involving the entire electorate.

  • ETF Trends

    Argentina ETFs Strengthen After Economic Activity Ends Year-Long Stagnation

    Argentina ETFs strengthened Friday after updated data revealed the emerging economy's activity rose for the first time in over a year in May. Argentina has suffered through a devastating recession, but the latest figures may reveal an economy that is turning around. The updated economic figures was a welcomed sight for President Mauricio Macri, whom has been criticized for the weakening economy.

  • Country ETFs to Watch as Trade Rout Continues
    Zacks

    Country ETFs to Watch as Trade Rout Continues

    We discuss some country ETFs which might be in an advantageous position due to the ongoing Sino-US trade war.

  • PR Newswire

    Global X ETFs Announces the Addition of Three Funds to Schwab ETF OneSource™

    NEW YORK , July 10, 2019 /PRNewswire/ -- Global X ETFs, the New York -based provider of exchange-traded funds (ETFs), today announced the inclusion of three additional ETFs to Schwab ETF OneSource, one ...

  • 3 Charts Suggest Frontier Markets Could Be the Next Best Bet
    Investopedia

    3 Charts Suggest Frontier Markets Could Be the Next Best Bet

    Most investors within North America prefer to invest in domestic equities. These charts suggest now could be the time to look to the frontier markets.