Y Intercept Hong Kong Ltd acquired a new stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,678 shares of the company’s stock, valued at approximately $675,000.
Several other hedge funds and other institutional investors have also made changes to their positions in COPX. Barclays PLC boosted its stake in shares of Global X Copper Miners ETF by 245.8% in the third quarter. Barclays PLC now owns 122,780 shares of the company’s stock valued at $5,804,000 after purchasing an additional 87,278 shares during the period. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of Global X Copper Miners ETF in the third quarter valued at approximately $4,047,000. Lake Hills Wealth Management LLC purchased a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at approximately $2,073,000. Ibex Wealth Advisors purchased a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at approximately $1,203,000. Finally, Sanctuary Advisors LLC lifted its stake in Global X Copper Miners ETF by 649.2% in the third quarter. Sanctuary Advisors LLC now owns 32,088 shares of the company’s stock worth $1,517,000 after acquiring an additional 27,805 shares during the last quarter.
Global X Copper Miners ETF Stock Down 1.2 %
Shares of Global X Copper Miners ETF stock opened at $38.22 on Friday. Global X Copper Miners ETF has a 52-week low of $35.73 and a 52-week high of $52.90. The company has a 50 day moving average of $39.56 and a 200 day moving average of $42.01. The company has a market capitalization of $2.58 billion, a P/E ratio of 16.59 and a beta of 1.35.
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.
Further Reading
- Five stocks we like better than Global X Copper Miners ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- Top Biotech Stocks: Exploring Innovation Opportunities
- 5 Best Gold ETFs for March to Curb Recession Fears
- Basic Materials Stocks Investing
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
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).
Receive News & Ratings for Global X Copper Miners ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Copper Miners ETF and related companies with MarketBeat.com's FREE daily email newsletter.