Global X MSCI Greece ETF Target of Unusually High Options Trading (NYSEARCA:GREK)

Global X MSCI Greece ETF (NYSEARCA:GREK) was the target of unusually large options trading on Thursday. Stock traders purchased 2,549 put options on the stock. This represents an increase of approximately 479% compared to the typical daily volume of 440 put options.

Institutional Investors Weigh In On Global X MSCI Greece ETF

Large investors have recently made changes to their positions in the stock. Group One Trading LLC acquired a new position in Global X MSCI Greece ETF during the fourth quarter worth $31,000. Triumph Capital Management acquired a new stake in Global X MSCI Greece ETF in the third quarter valued at $59,000. IFP Advisors Inc acquired a new stake in Global X MSCI Greece ETF in the third quarter valued at $80,000. Bank of America Corp DE grew its position in shares of Global X MSCI Greece ETF by 264.6% in the 2nd 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 during the period. Finally, Wexford Capital LP bought a new position in shares of Global X MSCI Greece ETF in the 3rd quarter valued at about $110,000.

Global X MSCI Greece ETF Stock Performance

Shares of NYSEARCA GREK opened at $63.23 on Friday. The stock has a 50 day moving average price of $70.31 and a 200 day moving average price of $66.89. The stock has a market capitalization of $294.65 million, a PE ratio of 10.65 and a beta of 0.89. Global X MSCI Greece ETF has a 52 week low of $40.21 and a 52 week high of $77.26.

Global X MSCI Greece ETF Company Profile

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.