Banco BBVA Argentina S.A. (NYSE:BBAR) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Banco BBVA Argentina S.A. (NYSE:BBAR - Free Report) by 93.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,733,785 shares of the bank's stock after purchasing an additional 836,688 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.85% of Banco BBVA Argentina worth $33,046,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BBAR. William Blair Investment Management LLC bought a new position in shares of Banco BBVA Argentina during the fourth quarter valued at about $19,446,000. Brevan Howard Capital Management LP purchased a new position in Banco BBVA Argentina during the 4th quarter valued at about $11,050,000. Gemsstock Ltd. purchased a new position in shares of Banco BBVA Argentina during the fourth quarter valued at approximately $2,831,000. Hsbc Holdings PLC bought a new position in shares of Banco BBVA Argentina in the fourth quarter worth approximately $1,417,000. Finally, Systrade AG purchased a new position in shares of Banco BBVA Argentina in the fourth quarter worth $1,334,000.

Banco BBVA Argentina Trading Up 6.0%

Shares of BBAR traded up $1.28 during midday trading on Monday, hitting $22.70. The stock had a trading volume of 424,740 shares, compared to its average volume of 762,133. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.99 and a quick ratio of 0.99. Banco BBVA Argentina S.A. has a 1 year low of $7.05 and a 1 year high of $25.01. The stock's 50 day moving average is $19.16 and its 200 day moving average is $19.11. The firm has a market cap of $4.64 billion, a PE ratio of 11.79 and a beta of 1.35.

About Banco BBVA Argentina

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.