Glenorchy Capital Ltd Makes New Investment in Global X MSCI Greece ETF (NYSEARCA:GREK)

Glenorchy Capital Ltd bought a new position in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) during the 4th quarter, HoldingsChannel reports. The firm bought 95,283 shares of the exchange traded fund’s stock, valued at approximately $3,530,000. Global X MSCI Greece ETF comprises approximately 1.4% of Glenorchy Capital Ltd’s holdings, making the stock its 6th largest holding.

Several other institutional investors have also recently made changes to their positions in GREK. Private Advisory Group LLC raised its position in shares of Global X MSCI Greece ETF by 9.5% in the third quarter. Private Advisory Group LLC now owns 18,574 shares of the exchange traded fund’s stock worth $617,000 after buying an additional 1,604 shares in the last quarter. Onyx Bridge Wealth Group LLC purchased a new stake in shares of Global X MSCI Greece ETF in the fourth quarter worth $1,155,000. Florin Court Capital LLP raised its position in shares of Global X MSCI Greece ETF by 43.5% in the third quarter. Florin Court Capital LLP now owns 69,973 shares of the exchange traded fund’s stock worth $2,325,000 after buying an additional 21,200 shares in the last quarter. RPg Family Wealth Advisory LLC raised its position in shares of Global X MSCI Greece ETF by 3.1% in the third quarter. RPg Family Wealth Advisory LLC now owns 84,302 shares of the exchange traded fund’s stock worth $2,801,000 after buying an additional 2,559 shares in the last quarter. Finally, Sepio Capital LP raised its position in shares of Global X MSCI Greece ETF by 1.3% in the third quarter. Sepio Capital LP now owns 171,953 shares of the exchange traded fund’s stock worth $5,714,000 after buying an additional 2,230 shares in the last quarter.

Global X MSCI Greece ETF Stock Up 2.2 %

Shares of GREK stock traded up $0.90 on Tuesday, reaching $40.91. The company’s stock had a trading volume of 30,196 shares, compared to its average volume of 39,474. The company has a market capitalization of $198.82 million, a P/E ratio of 8.48 and a beta of 0.69. Global X MSCI Greece ETF has a 12-month low of $30.67 and a 12-month high of $41.16. The stock’s 50 day simple moving average is $39.97 and its 200-day simple moving average is $37.86.

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.