Seeking Alpha

GREK
Global X FTSE Greece 20 ETF

5/22/2012, 11:36 PM ET
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
GREK Market Currents more »
  • 4:32 PM More on the Papademos comments: In the full interview, it becomes clear the former PM isn't predicting a euro exit, but warning of nuclear winter in the event of an exit as a way to push Greeks into voting for the establishment parties. "There is no upside to a Greek departure from the euro." [Global & FX]
  • 3:40 PM Alongside a wave of regulatory investigations hitting market sentiment this afternoon, former Greek PM Papademos tells Dow Jones preparations for Greece exiting the euro are being considered; the risk of leaving is real. Estimates of a cost of €500B-€1T underscore the magnitude of the consequences, he says. [Global & FX]
  • Monday 7:45 AM Ambrose Evans-Pritchard again takes on the shibboleths that a Greek withdrawal from EMU would force its expulsion from the EU, and that it would be a disaster for the country. Once the boil is "lanced," capital will return, not just from Greeks, but Chinese, Russian, and especially German. The danger is the rest Club Med looking on in envy and deciding to do the same. [Global & FX]
  • Friday 2:36 PM Merkel did in fact suggest to the Greek government that it hold a referendum on staying in the eurozone, according to a statement released by the new PM's office. Original story here. Immediate German denial here. [Global & FX]
  • Friday 2:29 PM A German government spokesperson denies Merkel suggested Greece hold a referendum on staying in the eurozone. That didn't take long. (previous) [Global & FX]
  • Friday 2:22 PM Expect denials soon, but sources says Angela Merkel suggested to the Greek president the country hold a referendum on continued use of the euro at next month's elections. Syriza: Merkel is treating Greece as a "Protectorate." New Democracy: Merkel proposal "unfortunate." The German Chancellor has managed to unite the feuding Greek parties. [Global & FX]
  • Friday 12:46 PM Fitch downgrades 5 Greek banks, including National Bank of Greece, to CCC from B- following an earlier downgrade of the sovereign to CCC. "An exit of Greece from EMU ... could be followed by a withdrawal of international support," and widespread private sector (in addition to public sector) defaults. [Global & FX, Financials]
ETF Stats
  • Expense Ratio: 0.69%
  • Average Bid Ask Ratio:
  • Tracking Error:
  • Concentration Risk:
  • Capital Gains Dist. %:
  • Number of Securities: 20
  • Dividend Amount: $0.031405
  • Dividend Date: 12/28/2011
For overall rating and ranking versus other ETFs get a free trial to XTF Premium
GREK News more »
GREK Press Releases and Filings more »
GREK Cramer more »
Currently, there are no Cramer articles on GREK.
GREK Instablog posts more »
  • A CLASSIC MISUNDERSTANDING OF GOLD FROM GARTMAN, THE CORRECTION, AND SOLUTION
    Wed, May 16 Cliff Wachtel Comment!
  • 10 MUST WATCH EVENTS THIS WEEK, 4 IDEAS TO CONSIDER
    Sat, May 12 Cliff Wachtel 1 Comment
  • STOCKS ATTEMPT TO RALLY
    Thu, May 10 David Fry Comment!
  • PRIOR WEEK MARKET MOVERS: QUIET WEEK BELIES EU CRISIS SIGNALS
    Sat, Mar 31 Cliff Wachtel Comment!
  • SAUDIS LEND U.S. A HAND WITH OIL
    Tue, Mar 20 David Fry 3 Comments
Write a post on GREK
GREK StockTalks
GREK vs. ETF Alternatives
GREK Description
The Global X FTSE Greece 20 ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE/ATHEX 20 Capped Index.
See more details on sponsor's website
Country: Greece
Key Info