Sumitomo Mitsui Trust Group Inc. bought a new stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,300 shares of the company’s stock, valued at approximately $914,000.
Several other hedge funds also recently bought and sold shares of COPX. Bank of Nova Scotia acquired a new position in shares of Global X Copper Miners ETF in the 1st quarter valued at $21,825,000. Banque Transatlantique SA acquired a new stake in Global X Copper Miners ETF during the 1st quarter worth $11,186,000. BW Gestao de Investimentos Ltda. bought a new position in Global X Copper Miners ETF during the first quarter worth about $7,423,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 acquiring an additional 86,309 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its stake in Global X Copper Miners ETF by 1,624.6% in the first quarter. Steward Partners Investment Advisory LLC now owns 90,440 shares of the company’s stock valued at $3,533,000 after acquiring an additional 85,196 shares during the period.
Global X Copper Miners ETF Price Performance
Shares of Global X Copper Miners ETF stock opened at $61.76 on Friday. The company has a market capitalization of $3.33 billion, a P/E ratio of 18.04 and a beta of 1.16. The business has a 50-day moving average of $56.82 and a two-hundred day moving average of $47.57. Global X Copper Miners ETF has a 1 year low of $30.77 and a 1 year high of $66.20.
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.
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