GK Wealth Management LLC bought a new stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 21,083 shares of the company’s stock, valued at approximately $1,623,000. Global X Copper Miners ETF comprises 0.9% of GK Wealth Management LLC’s holdings, making the stock its 24th biggest holding.
Several other hedge funds and other institutional investors also recently modified their holdings of COPX. Northwestern Mutual Wealth Management Co. grew its position in shares of Global X Copper Miners ETF by 359,496.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock worth $15,568,253,000 after acquiring an additional 216,797,938 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Global X Copper Miners ETF by 197.4% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,290,355 shares of the company’s stock worth $174,869,000 after acquiring an additional 1,520,355 shares during the period. OMERS ADMINISTRATION Corp acquired a new stake in shares of Global X Copper Miners ETF in the 1st quarter worth about $69,682,000. JPMorgan Chase & Co. lifted its position in Global X Copper Miners ETF by 16.6% in the 4th quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock valued at $386,550,000 after purchasing an additional 766,399 shares during the last quarter. Finally, PointState Capital LP bought a new stake in Global X Copper Miners ETF in the 4th quarter valued at about $54,012,000.
Global X Copper Miners ETF Stock Up 5.8%
Global X Copper Miners ETF stock opened at $83.99 on Wednesday. The firm has a 50-day moving average price of $80.48 and a two-hundred day moving average price of $82.38. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 18.04 and a beta of 1.07. Global X Copper Miners ETF has a 52-week low of $43.61 and a 52-week high of $99.99.
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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