Global X Copper Miners ETF $COPX Shares Sold by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its stake in Global X Copper Miners ETF (NYSEARCA:COPX) by 70.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,013 shares of the company’s stock after selling 60,511 shares during the period. Goldman Sachs Group Inc. owned approximately 0.06% of Global X Copper Miners ETF worth $977,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COPX. Bank of Nova Scotia acquired a new stake in Global X Copper Miners ETF in the first quarter valued at $21,825,000. Banque Transatlantique SA acquired a new stake in Global X Copper Miners ETF in the first quarter valued at $11,186,000. BW Gestao de Investimentos Ltda. acquired a new stake in Global X Copper Miners ETF in the first quarter valued at $7,423,000. Krilogy Financial LLC acquired a new stake in Global X Copper Miners ETF in the first quarter valued at $4,532,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global X Copper Miners ETF by 2.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,820,976 shares of the company’s stock valued at $152,877,000 after buying an additional 86,309 shares in the last quarter.

Global X Copper Miners ETF Price Performance

Global X Copper Miners ETF stock opened at $54.19 on Tuesday. Global X Copper Miners ETF has a 1-year low of $30.77 and a 1-year high of $54.47. The stock has a market cap of $2.30 billion, a PE ratio of 18.04 and a beta of 1.43. The stock’s fifty day moving average is $47.82 and its two-hundred day moving average is $43.11.

Global X Copper Miners ETF Profile

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.