Global X MSCI Argentina ETFARGT
ARGT
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
19% more funds holding
Funds holding: 52 [Q2] → 62 (+10) [Q3]
4% more capital invested
Capital invested by funds: $117M [Q2] → $121M (+$4.45M) [Q3]
8.34% less ownership
Funds ownership: 39.25% [Q2] → 30.91% (-8.34%) [Q3]
29% less call options, than puts
Call options by funds: $2.57M | Put options by funds: $3.61M
Research analyst outlook
We haven’t received any recent analyst ratings for ARGT.
Financial journalist opinion
Based on 4 articles about ARGT published over the past 30 days
Positive
Seeking Alpha
1 week ago
ARGT: Riding The Libertarian Wave Of Economic Revival
The Global X MSCI Argentina ETF offers a liquid investment in Argentina's top companies, providing exposure to the country's economic potential under libertarian policies. President Javier Milei's vision includes reducing welfare, lowering taxes, promoting entrepreneurship, lowering inflation, and stabilizing the economy to foster growth and prosperity. Argentina's rich natural resources, historical success, and human capital position it for a resurgence with the right policies.
Neutral
Seeking Alpha
1 week ago
Argentina ETF On Top In 2024
Below is a look at year-to-date total returns for 46 country ETFs available to investors on US exchanges. While the US is sitting on a huge gain of 28.6% this year, the average year-to-date change for these country ETFs is just 8.7%. Nine country ETFs are in the red for the year. France is the most notable and the only G7 country that's down in 2024.
Positive
Seeking Alpha
3 weeks ago
ARGT: It's Just The Beginning Of Improvement
I recommend buying the Global X MSCI Argentina ETF (NYSEARCA: ARGT) due to Argentina's strong economic reforms and projected GDP growth of 8.5% in 3Q24. Despite a 60% price increase this year, ARGT's P/E ratio remains lower than the global average, indicating a large margin of safety. Valuation analysis shows ARGT trading at 13.5x earnings, below its 5-year average, suggesting an upside of 14.8% to 18%.
Positive
Seeking Alpha
3 weeks ago
ARGT: Strong Country ETF YTD Sees Record Inflows
Argentina equities' strength, driven by a pro-capitalist government, have made ARGT the best-performing country ETF in 2024, attracting record inflows. ARGT's growth story is compelling despite its 0.59% expense ratio and high volatility, with a forward P/E of 16 (per the issuer) and a 19% EPS growth rate. The ETF's portfolio is highly cyclical, with significant allocations to Consumer Discretionary and Financials, and a notable overweight in Energy.
Negative
CNBC
1 month ago
Global ETFs slide as investors see Trump tariff policies hurting trade
Funds tracking international equities largely pulled back as investors reacted to Donald Trump's win. It marks a stark contrast to rallying U.S. equities.
Positive
Seeking Alpha
3 months ago
ARGT: A Top Performing Global Fund On Track For Sustained Strong Returns
The Global X MSCI Argentina ETF has surged nearly 35% in 2024, driven by President Milei's austerity measures and economic reforms. Key holdings like MercadoLibre, YPF Sociedad Anónima, and Argentine banks have significantly contributed to ARGT's performance, reflecting Argentina's economic recovery. Despite the ETF's price appreciation, valuations remain attractive compared to other emerging market peers, and ARGT still offers upside potential.
Neutral
Seeking Alpha
3 months ago
Highest And Lowest Country ETF Dividend Yields
US equities have outperformed the rest of the world for a long time now. While the US is up 58% on a total return basis during the current bull market, the rest of the world is up 13.5 percentage points less at +44.5%. Looking at the international dividend ETF over a longer time frame, over the last five years, it's up 20.6% in price and more than double that on a total return basis.
Positive
Zacks Investment Research
3 months ago
Wall Street Surges in August: Best-Performing ETFs
With recession concerns easing and Fed rate cut talks rising, Wall Street closed August with renewed optimism.
Positive
Seeking Alpha
5 months ago
Key Considerations For Those Contemplating A Position In ARGT ETF
Over the last couple of years, ARGT has delivered outstanding alpha of 3.5x relative to global markets. Argentina's growth prospects have taken another hit. ARGT's top holding is more exposed to the Brazilian region with over half its revenues coming from there.
Positive
Seeking Alpha
5 months ago
ARGT: A Call Option On Argentina's Reform Story
Argentine equities have rallied post-election. But valuations remain quite reasonable relative to the improving fundamentals. Low-cost ARGT remains a great play on the structural reform story.
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