Florin Court Capital LLP Sells 18,626 Shares of Global X MSCI Greece ETF $GREK

Florin Court Capital LLP reduced its stake in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) by 42.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 25,519 shares of the exchange traded fund’s stock after selling 18,626 shares during the period. Global X MSCI Greece ETF comprises approximately 2.3% of Florin Court Capital LLP’s portfolio, making the stock its 18th biggest position. Florin Court Capital LLP owned about 0.55% of Global X MSCI Greece ETF worth $1,682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GREK. Triumph Capital Management bought a new position in shares of Global X MSCI Greece ETF in the third quarter valued at approximately $59,000. IFP Advisors Inc bought a new position in shares of Global X MSCI Greece ETF in the third quarter valued at approximately $80,000. Bank of America Corp DE grew its holdings in shares of Global X MSCI Greece ETF by 264.6% in the second quarter. Bank of America Corp DE now owns 1,688 shares of the exchange traded fund’s stock valued at $98,000 after acquiring an additional 1,225 shares in the last quarter. Wexford Capital LP bought a new position in shares of Global X MSCI Greece ETF in the third quarter valued at approximately $110,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of Global X MSCI Greece ETF in the second quarter valued at approximately $134,000.

Global X MSCI Greece ETF Stock Down 2.8%

GREK stock opened at $70.50 on Friday. The firm has a market cap of $262.26 million, a PE ratio of 10.65 and a beta of 0.70. The business has a 50 day moving average of $67.86 and a 200-day moving average of $68.10. Global X MSCI Greece ETF has a 12-month low of $52.02 and a 12-month high of $77.26.

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.