HighTower Advisors LLC lifted its stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) by 488.6% during the fourth quarter, HoldingsChannel reports. The fund owned 45,235 shares of the company’s stock after purchasing an additional 37,550 shares during the quarter. HighTower Advisors LLC’s holdings in Global X Copper Miners ETF were worth $3,247,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of COPX. Qube Research & Technologies Ltd increased its stake in shares of Global X Copper Miners ETF by 3,106.0% in the second quarter. Qube Research & Technologies Ltd now owns 41,357 shares of the company’s stock worth $1,861,000 after acquiring an additional 40,067 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Global X Copper Miners ETF by 11.1% in the second quarter. Raymond James Financial Inc. now owns 71,656 shares of the company’s stock worth $3,225,000 after acquiring an additional 7,160 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Global X Copper Miners ETF by 13.1% in the second quarter. Ameriprise Financial Inc. now owns 255,960 shares of the company’s stock worth $11,519,000 after acquiring an additional 29,596 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in shares of Global X Copper Miners ETF in the second quarter worth $202,000. Finally, Snowden Capital Advisors LLC acquired a new position in shares of Global X Copper Miners ETF in the second quarter worth $279,000.
Global X Copper Miners ETF Trading Down 0.3%
NYSEARCA COPX opened at $88.14 on Friday. Global X Copper Miners ETF has a 1-year low of $40.55 and a 1-year high of $99.99. The company has a market capitalization of $8.26 billion, a PE ratio of 18.04 and a beta of 1.03. The firm’s fifty day simple moving average is $81.36 and its 200-day simple moving average is $78.51.
About Global X Copper Miners ETF
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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Want to see what other hedge funds are holding COPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Copper Miners ETF (NYSEARCA:COPX – Free Report).
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