Envestnet Asset Management Inc. Decreases Stock Position in Global X Copper Miners ETF $COPX

Envestnet Asset Management Inc. lowered its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 66.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,473 shares of the company’s stock after selling 47,415 shares during the period. Envestnet Asset Management Inc.’s holdings in Global X Copper Miners ETF were worth $1,464,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in COPX. D.A. Davidson & CO. purchased a new position in Global X Copper Miners ETF in the 3rd quarter valued at about $581,000. Moulton Wealth Management Inc. acquired a new position in Global X Copper Miners ETF in the third quarter valued at approximately $1,166,000. Continuum Advisory LLC bought a new position in shares of Global X Copper Miners ETF during the third quarter valued at approximately $1,081,000. Osaic Holdings Inc. raised its position in shares of Global X Copper Miners ETF by 26.9% during the 2nd quarter. Osaic Holdings Inc. now owns 46,089 shares of the company’s stock worth $2,012,000 after purchasing an additional 9,767 shares during the period. Finally, Creative Planning lifted its holdings in shares of Global X Copper Miners ETF by 5.7% in the 2nd quarter. Creative Planning now owns 33,015 shares of the company’s stock worth $1,486,000 after purchasing an additional 1,769 shares during the last quarter.

Global X Copper Miners ETF Price Performance

NYSEARCA:COPX opened at $95.70 on Monday. The firm has a market capitalization of $8.02 billion, a P/E ratio of 18.04 and a beta of 1.16. The business has a 50 day simple moving average of $83.21 and a 200 day simple moving average of $67.32. Global X Copper Miners ETF has a 12-month low of $30.77 and a 12-month high of $99.99.

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.