Raymond James & Associates Has $1.76 Million Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Raymond James & Associates trimmed its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 51.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 46,973 shares of the company’s stock after selling 48,995 shares during the period. Raymond James & Associates’ holdings in Global X Copper Miners ETF were worth $1,761,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Lionsbridge Wealth Management LLC acquired a new stake in Global X Copper Miners ETF during the fourth quarter worth about $846,000. Lowe Wealth Advisors LLC boosted its stake in shares of Global X Copper Miners ETF by 13.3% in the 4th quarter. Lowe Wealth Advisors LLC now owns 15,096 shares of the company’s stock valued at $566,000 after purchasing an additional 1,775 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Global X Copper Miners ETF by 451.8% in the 3rd quarter. Citigroup Inc. now owns 7,560 shares of the company’s stock valued at $275,000 after purchasing an additional 6,190 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Global X Copper Miners ETF by 7.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 18,358 shares of the company’s stock valued at $668,000 after purchasing an additional 1,305 shares in the last quarter. Finally, Comerica Bank acquired a new stake in shares of Global X Copper Miners ETF in the 3rd quarter valued at approximately $404,000.

Global X Copper Miners ETF Trading Up 0.5 %

COPX opened at $45.39 on Thursday. The company’s 50 day moving average is $39.83 and its 200-day moving average is $36.86. Global X Copper Miners ETF has a 1-year low of $31.65 and a 1-year high of $47.25. The company has a market cap of $2.08 billion, a P/E ratio of 11.74 and a beta of 1.25.

About Global X Copper Miners ETF

Global X Copper Miners ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Copper Miners Index. The Solactive Global Copper Miners Index is designed to reflect the performance of the copper mining industry. It is comprised of common stocks, American Depository Receipts (ADRs) and Global Depository Receipts (GDRs) of selected companies globally, which are engaged in some aspect of the copper mining industry such as copper mining, refining or exploration.