Mount Lucas Management LP Cuts Stake in Global X MSCI Greece ETF (NYSEARCA:GREK)

Mount Lucas Management LP lowered its stake in shares of Global X MSCI Greece ETF (NYSEARCA:GREK) by 72.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,593 shares of the exchange traded fund’s stock after selling 14,805 shares during the period. Mount Lucas Management LP owned about 0.12% of Global X MSCI Greece ETF worth $217,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Apollon Wealth Management LLC purchased a new stake in shares of Global X MSCI Greece ETF during the third quarter worth about $343,000. Sanctuary Advisors LLC boosted its position in Global X MSCI Greece ETF by 16.3% during 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. Hilltop Holdings Inc. acquired a new position in Global X MSCI Greece ETF during the third quarter worth about $1,515,000. RPg Family Wealth Advisory LLC boosted its position in Global X MSCI Greece ETF by 0.7% during the third quarter. RPg Family Wealth Advisory LLC now owns 91,316 shares of the exchange traded fund’s stock worth $3,944,000 after acquiring an additional 598 shares during the last quarter. Finally, Jordan Park Group LLC boosted its position in Global X MSCI Greece ETF by 6.2% during 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.

Global X MSCI Greece ETF Trading Down 1.7 %

GREK opened at $44.77 on Tuesday. The firm has a market capitalization of $171.02 million, a PE ratio of 8.48 and a beta of 1.03. Global X MSCI Greece ETF has a twelve month low of $37.60 and a twelve month high of $45.53. The firm’s 50-day moving average price is $41.54 and its 200 day moving average price is $41.12.

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.