Global X MSCI Greece ETF $GREK Shares Sold by Glenorchy Capital Ltd

Glenorchy Capital Ltd cut its stake in Global X MSCI Greece ETF (NYSEARCA:GREK) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,891 shares of the exchange traded fund’s stock after selling 11,329 shares during the quarter. Global X MSCI Greece ETF comprises about 1.3% of Glenorchy Capital Ltd’s investment portfolio, making the stock its 3rd biggest position. Glenorchy Capital Ltd owned 3.04% of Global X MSCI Greece ETF worth $8,880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Arlington Capital Management Inc. acquired a new stake in shares of Global X MSCI Greece ETF in the second quarter valued at about $4,528,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X MSCI Greece ETF in the second quarter valued at approximately $116,000. Sava Infond d.o.o. grew its position in Global X MSCI Greece ETF by 12.2% in the second quarter. Sava Infond d.o.o. now owns 10,880 shares of the exchange traded fund’s stock valued at $631,000 after acquiring an additional 1,180 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Global X MSCI Greece ETF during the second quarter valued at approximately $336,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Global X MSCI Greece ETF during the second quarter worth $950,000.

Global X MSCI Greece ETF Trading Up 2.1%

GREK opened at $72.20 on Friday. Global X MSCI Greece ETF has a twelve month low of $39.58 and a twelve month high of $72.25. The firm has a market cap of $323.46 million, a price-to-earnings ratio of 10.65 and a beta of 0.89. The company has a fifty day simple moving average of $67.17 and a 200 day simple moving average of $64.84.

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.