Greece ETF (GREK) reaches new 52-week high, positive outlook for potential gains

From Zacks Investment Research: 2025-03-12 20:02:15

The Global X MSCI Greece ETF (GREK) has hit a 52-week high and is up 22.39% from its low. The fund tracks the MSCI All Greece Select 25/50 Index and charges 57 bps in annual fees. The Greek economy is expected to grow by 2.1% in 2025, driven by investment. GREK currently has a Zacks ETF Rank #3 (Hold) with a High risk outlook, but a positive weighted alpha of 16.83 suggests further potential gains in the near term. Investors are optimistic about Greece’s economic recovery and strong investor interest, supporting the fund’s performance.



Read more at Zacks Investment Research: Greece ETF (GREK) Hits New 52-Week High – March 12, 2025