Florin Court Capital LLP Lowers Stake in Global X MSCI Greece ETF (NYSEARCA:GREK)

Florin Court Capital LLP cut its position in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) by 43.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 39,394 shares of the exchange traded fund’s stock after selling 30,580 shares during the quarter. Global X MSCI Greece ETF makes up 1.6% of Florin Court Capital LLP’s investment portfolio, making the stock its 19th largest position. Florin Court Capital LLP owned about 0.81% of Global X MSCI Greece ETF worth $1,528,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hilltop Holdings Inc. acquired a new stake in shares of Global X MSCI Greece ETF in the third quarter worth approximately $1,515,000. Apollon Wealth Management LLC acquired a new stake in shares of Global X MSCI Greece ETF in the third quarter worth approximately $343,000. Jordan Park Group LLC boosted its position in shares of Global X MSCI Greece ETF by 6.2% in the fourth quarter. Jordan Park Group LLC now owns 114,011 shares of the exchange traded fund’s stock worth $4,422,000 after acquiring an additional 6,665 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of Global X MSCI Greece ETF by 16.3% in the third quarter. Sanctuary Advisors LLC now owns 19,382 shares of the exchange traded fund’s stock worth $837,000 after acquiring an additional 2,716 shares during the last quarter. Finally, Mount Lucas Management LP boosted its position in shares of Global X MSCI Greece ETF by 5.0% in the third quarter. Mount Lucas Management LP now owns 20,398 shares of the exchange traded fund’s stock worth $881,000 after acquiring an additional 976 shares during the last quarter.

Global X MSCI Greece ETF Stock Performance

GREK opened at $43.26 on Friday. The company’s 50 day simple moving average is $40.80 and its 200 day simple moving average is $40.95. Global X MSCI Greece ETF has a 1 year low of $37.60 and a 1 year high of $44.14. The stock has a market capitalization of $210.24 million, a PE ratio of 9.12 and a beta of 0.74.

Global X MSCI Greece ETF 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.