Florin Court Capital LLP Cuts Stake in Global X MSCI Greece ETF $GREK

Florin Court Capital LLP lessened its stake in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,145 shares of the exchange traded fund’s stock after selling 6,800 shares during the period. Global X MSCI Greece ETF accounts for approximately 2.2% of Florin Court Capital LLP’s investment portfolio, making the stock its 15th biggest position. Florin Court Capital LLP’s holdings in Global X MSCI Greece ETF were worth $2,843,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of GREK. Bank of America Corp DE increased its stake in Global X MSCI Greece ETF by 264.6% during the 2nd quarter. Bank of America Corp DE now owns 1,688 shares of the exchange traded fund’s stock worth $98,000 after buying an additional 1,225 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Global X MSCI Greece ETF in the second quarter worth approximately $116,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of Global X MSCI Greece ETF in the second quarter worth approximately $134,000. IAM Advisory LLC purchased a new stake in shares of Global X MSCI Greece ETF during the third quarter worth approximately $223,000. Finally, Raymond James Financial Inc. acquired a new position in Global X MSCI Greece ETF in the 2nd quarter valued at $223,000.

Global X MSCI Greece ETF Stock Performance

Shares of GREK stock opened at $75.35 on Wednesday. Global X MSCI Greece ETF has a fifty-two week low of $39.58 and a fifty-two week high of $75.35. The stock’s fifty day moving average is $67.73 and its two-hundred day moving average is $65.17. The firm has a market capitalization of $337.57 million, a P/E ratio of 10.65 and a beta of 0.89.

About Global X MSCI Greece ETF

The Global X MSCI Greece ETF (GREK) is an exchange-traded fund that is based on the MSCI All Greece Select 25-50 index, a market-cap-weighted index of about 15 Greek firms. GREK was launched on Dec 7, 2011 and is managed by Global X.