Continuum Advisory LLC acquired a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 18,072 shares of the company’s stock, valued at approximately $1,081,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its stake in Global X Copper Miners ETF by 14.3% in the second quarter. Envestnet Asset Management Inc. now owns 71,888 shares of the company’s stock valued at $3,235,000 after acquiring an additional 8,985 shares during the last quarter. Moulton Wealth Management Inc. acquired a new stake in shares of Global X Copper Miners ETF in the 3rd quarter valued at $1,166,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Global X Copper Miners ETF by 3.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 46,617 shares of the company’s stock valued at $2,166,000 after purchasing an additional 1,355 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of Global X Copper Miners ETF in the 2nd quarter valued at $158,000. Finally, Osaic Holdings Inc. increased its stake in shares of Global X Copper Miners ETF by 26.9% in the 2nd quarter. Osaic Holdings Inc. now owns 46,089 shares of the company’s stock valued at $2,012,000 after purchasing an additional 9,767 shares during the last quarter.
Global X Copper Miners ETF Stock Down 0.7%
Shares of COPX stock opened at $72.50 on Wednesday. Global X Copper Miners ETF has a twelve month low of $30.77 and a twelve month high of $76.50. The company has a market cap of $3.99 billion, a P/E ratio of 18.04 and a beta of 1.16. The business has a fifty day simple moving average of $64.71 and a 200 day simple moving average of $55.17.
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.
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