Global X Copper Miners ETF (NYSEARCA:COPX) Sees Large Volume Increase

Global X Copper Miners ETF (NYSEARCA:COPX) saw an uptick in trading volume on Wednesday . 1,251,992 shares changed hands during trading, a decline of 1% from the previous session’s volume of 1,267,358 shares.The stock last traded at $40.50 and had previously closed at $40.08.

Global X Copper Miners ETF Stock Up 0.4 %

The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. The company has a 50 day moving average of $43.51 and a 200 day moving average of $43.85.

Institutional Investors Weigh In On Global X Copper Miners ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Simplex Trading LLC increased its stake in shares of Global X Copper Miners ETF by 195.0% in the fourth quarter. Simplex Trading LLC now owns 3,475 shares of the company’s stock worth $130,000 after buying an additional 2,297 shares during the last quarter. Truist Financial Corp raised its stake in shares of Global X Copper Miners ETF by 46.0% in the 4th quarter. Truist Financial Corp now owns 12,700 shares of the company’s stock valued at $476,000 after purchasing an additional 4,000 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Global X Copper Miners ETF by 6.1% during the fourth quarter. Private Advisor Group LLC now owns 8,769 shares of the company’s stock worth $329,000 after purchasing an additional 505 shares during the last quarter. Picton Mahoney Asset Management grew its stake in Global X Copper Miners ETF by 33.8% in the fourth quarter. Picton Mahoney Asset Management now owns 9,900 shares of the company’s stock worth $371,000 after purchasing an additional 2,500 shares in the last quarter. Finally, Principal Securities Inc. bought a new stake in Global X Copper Miners ETF in the fourth quarter valued at about $202,000.

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.