NewEdge Advisors LLC lessened its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) by 37.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 10,744 shares of the company’s stock after selling 6,511 shares during the period. NewEdge Advisors LLC’s holdings in Global X Copper Miners ETF were worth $820,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. University of Texas Texas AM Investment Management Co. purchased a new position in Global X Copper Miners ETF during the fourth quarter worth $28,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in Global X Copper Miners ETF during the first quarter valued at $30,000. Sunbelt Securities Inc. purchased a new stake in shares of Global X Copper Miners ETF in the third quarter valued at $30,000. International Assets Investment Management LLC bought a new stake in shares of Global X Copper Miners ETF in the 1st quarter worth about $33,000. Finally, Longview Financial Advisors Inc. purchased a new position in shares of Global X Copper Miners ETF during the 1st quarter worth about $34,000.
Global X Copper Miners ETF Trading Up 3.2%
Shares of NYSEARCA:COPX opened at $88.28 on Thursday. The company has a market capitalization of $8.19 billion, a price-to-earnings ratio of 18.04 and a beta of 1.07. Global X Copper Miners ETF has a 12 month low of $45.96 and a 12 month high of $99.99. The firm’s 50-day moving average is $80.74 and its 200 day moving average is $82.50.
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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