Barometer Capital Management Inc. Sells 6,640 Shares of Global X Copper Miners ETF $COPX

Barometer Capital Management Inc. lowered its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 53.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,860 shares of the company’s stock after selling 6,640 shares during the quarter. Barometer Capital Management Inc.’s holdings in Global X Copper Miners ETF were worth $350,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted 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. D.A. Davidson & CO. purchased a new stake in shares of Global X Copper Miners ETF during the 3rd quarter worth approximately $581,000. Moulton Wealth Management Inc. bought a new stake in shares of Global X Copper Miners ETF in the 3rd quarter worth approximately $1,166,000. Black Swift Group LLC raised its holdings in shares of Global X Copper Miners ETF by 124.3% in the 3rd quarter. Black Swift Group LLC now owns 117,720 shares of the company’s stock worth $7,041,000 after purchasing an additional 65,245 shares during the period. Finally, Continuum Advisory LLC purchased a new position in Global X Copper Miners ETF in the third quarter valued at approximately $1,081,000.

Global X Copper Miners ETF Trading Down 3.1%

Shares of NYSEARCA COPX opened at $79.74 on Friday. The stock has a fifty day simple moving average of $85.20 and a two-hundred day simple moving average of $69.38. Global X Copper Miners ETF has a 1-year low of $30.77 and a 1-year high of $99.99. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16.

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.