Global X Copper Miners ETF (NYSEARCA:COPX) Trading Up 3% – What’s Next?

Global X Copper Miners ETF (NYSEARCA:COPX) shares were up 3% during mid-day trading on Friday . The stock traded as high as $76.17 and last traded at $75.9530. Approximately 786,881 shares were traded during trading, a decline of 52% from the average daily volume of 1,632,553 shares. The stock had previously closed at $73.75.

Global X Copper Miners ETF Stock Up 2.7%

The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16. The business’s fifty day moving average is $64.23 and its two-hundred day moving average is $54.67.

Institutional Trading of Global X Copper Miners ETF

A number of large investors have recently modified their holdings of COPX. WFA Asset Management Corp acquired a new stake in shares of Global X Copper Miners ETF in the second quarter valued at $25,000. Sunbelt Securities Inc. purchased a new stake in Global X Copper Miners ETF during the 3rd quarter worth about $30,000. Caitlin John LLC purchased a new stake in Global X Copper Miners ETF during the 3rd quarter worth about $33,000. ORG Partners LLC raised its position in Global X Copper Miners ETF by 4,320.0% in the 2nd quarter. ORG Partners LLC now owns 1,105 shares of the company’s stock valued at $50,000 after purchasing an additional 1,080 shares in the last quarter. Finally, US Bancorp DE purchased a new position in shares of Global X Copper Miners ETF in the 3rd quarter valued at about $60,000.

Global X Copper Miners ETF Company 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.