July 12 (SeeNews) - Expat Greece ASE UCITS ETF [BUL:GRX], managed by Sofia-based Expat Asset Management, received orders on the primary market on July 11 to redeem 100,000 shares, data from the management company's website shows.
Following the share redemption, the exchange-traded fund (ETF) will have a total of 220,000 issued shares, the data shows.
The ETF's shares last traded on the Bulgarian Stock Exchange at a price of 0.934 levs ($0.56/0.48 euro).
On July 10, the ETF received orders to issue 110,000 shares.
Expat Greece ASE UCITS ETF started trading on the Frankfurt Stock Exchange in March, after being listed on the Bulgarian Stock Exchange in January.
Expat Greece ASE UCITS ETF tracks the performance of the blue-chip index of the Athens Stock Exchange.
Expat Asset Management is a unit of Bulgaria's Expat Capital.
(1 euro = 1.95583 levs)