ARGT - Global X MSCI Argentina ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
25.19
-0.47 (-1.83%)
As of 1:58PM EDT. Market open.
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Previous Close25.66
Open25.50
Bid25.21 x 800
Ask25.28 x 800
Day's Range25.10 - 25.62
52 Week Range14.12 - 33.95
Volume4,846
Avg. Volume42,793
Net Assets42.41M
NAV25.74
PE Ratio (TTM)N/A
Yield0.33%
YTD Daily Total Return-3.31%
Beta (5Y Monthly)1.73
Expense Ratio (net)0.60%
Inception Date2011-03-02
  • ETF Trends

    Argentina ETFs on Watch as Country’s Debt May Need Restructuring

    Argentina could be headed for a massive bond restructuring, which puts its single country-focused ETFs on watch. Talks with the International Monetary Fund (IMF), its largest creditor, are expected to continue as a team of IMF economists are figuring out how to restructure about $44 billion in loans that Argentina is unable to pay back. “An IMF statement that supports a lenient restructuring offer would boost bondholder confidence,” said Mateo Reschini, a trader with Rosario-based brokerage LBO.

  • ETF Trends

    What to Expect From the Argentina ETF This Year

    Wracked by political volatility, Argentine stocks and the Global X MSCI Argentina ETF (ARGT) tumbled last year. Stocks in South America's second-largest economy rallied in the fourth quarter, but couldn't recoup all of the 2019 losses and the market is again being tested to start 2020, prompting market observers to speculate on what to expect from Argentine markets under the newly elected Alberto Fernández. There are concerns that Fernandez is cut of the same cloth as former President Cristina Fernández de Kirchner (CFK), but indications are to the contrary.

  • ETF Database

    Best & Worst Monthly Performers: December 18 Edition

    Here is a look at the 25 best and 25 worst ETFs from the past week. 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.

  • 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.

  • 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.

  • 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.

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