Global X MSCI Greece ETF $GREK Shares Sold by Versant Capital Management Inc

Versant Capital Management Inc lowered its position in Global X MSCI Greece ETF (NYSEARCA:GREK) by 4.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,770 shares of the exchange traded fund’s stock after selling 7,346 shares during the quarter. Global X MSCI Greece ETF accounts for approximately 1.1% of Versant Capital Management Inc’s holdings, making the stock its 14th biggest holding. Versant Capital Management Inc owned 4.58% of Global X MSCI Greece ETF worth $12,818,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Group One Trading LLC purchased a new stake in shares of Global X MSCI Greece ETF in the 4th quarter worth about $31,000. Cassaday & Co Wealth Management LLC purchased a new position in Global X MSCI Greece ETF during the 1st quarter valued at about $35,000. Triumph Capital Management acquired a new position in Global X MSCI Greece ETF during the third quarter worth about $59,000. IFP Advisors Inc raised its position in Global X MSCI Greece ETF by 18.8% during the fourth quarter. IFP Advisors Inc now owns 1,467 shares of the exchange traded fund’s stock worth $97,000 after acquiring an additional 232 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Global X MSCI Greece ETF by 264.6% during the second quarter. Bank of America Corp DE now owns 1,688 shares of the exchange traded fund’s stock worth $98,000 after acquiring an additional 1,225 shares during the last quarter.

Global X MSCI Greece ETF Price Performance

Shares of NYSEARCA GREK opened at $81.95 on Tuesday. The firm’s 50-day moving average is $76.06 and its two-hundred day moving average is $71.92. The company has a market capitalization of $311.41 million, a PE ratio of 10.65 and a beta of 0.70. Global X MSCI Greece ETF has a 12-month low of $60.53 and a 12-month high of $82.20.

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.