Florin Court Capital LLP Trims Stock Holdings in Global X MSCI Greece ETF $GREK

Florin Court Capital LLP lessened its position in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) by 13.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 44,145 shares of the exchange traded fund’s stock after selling 6,800 shares during the quarter. Global X MSCI Greece ETF accounts for 2.2% of Florin Court Capital LLP’s portfolio, making the stock its 15th largest position. Florin Court Capital LLP owned approximately 0.97% of Global X MSCI Greece ETF worth $2,843,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in shares of Global X MSCI Greece ETF during the second quarter worth about $1,772,000. Trek Financial LLC lifted its stake in Global X MSCI Greece ETF by 57.6% during the 2nd quarter. Trek Financial LLC now owns 32,634 shares of the exchange traded fund’s stock valued at $1,894,000 after acquiring an additional 11,933 shares during the period. Bank of Montreal Can boosted its holdings in shares of Global X MSCI Greece ETF by 27.3% in the 2nd quarter. Bank of Montreal Can now owns 19,061 shares of the exchange traded fund’s stock valued at $1,106,000 after acquiring an additional 4,090 shares during the last quarter. Contravisory Investment Management Inc. acquired a new stake in shares of Global X MSCI Greece ETF in the third quarter worth $575,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Global X MSCI Greece ETF in the second quarter worth $950,000.

Global X MSCI Greece ETF Price Performance

NYSEARCA GREK opened at $75.35 on Wednesday. Global X MSCI Greece ETF has a 1 year low of $39.58 and a 1 year high of $75.35. The company has a market capitalization of $337.57 million, a PE ratio of 10.65 and a beta of 0.89. The company has a fifty day moving average of $67.73 and a 200 day moving average of $65.17.

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.