Continuum Advisory LLC bought a new stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,072 shares of the company’s stock, valued at approximately $1,081,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of Global X Copper Miners ETF by 14.3% during the second quarter. Envestnet Asset Management Inc. now owns 71,888 shares of the company’s stock worth $3,235,000 after buying an additional 8,985 shares in the last quarter. Moulton Wealth Management Inc. acquired a new stake in shares of Global X Copper Miners ETF during the 3rd quarter valued at $1,166,000. Wealth Enhancement Advisory Services LLC grew its position in Global X Copper Miners ETF by 3.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 46,617 shares of the company’s stock worth $2,166,000 after acquiring an additional 1,355 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in Global X Copper Miners ETF in the 2nd quarter worth about $158,000. Finally, Osaic Holdings Inc. increased its holdings in Global X Copper Miners ETF by 26.9% in the 2nd quarter. Osaic Holdings Inc. now owns 46,089 shares of the company’s stock worth $2,012,000 after purchasing an additional 9,767 shares in the last quarter.
Global X Copper Miners ETF Trading Down 0.7%
Shares of COPX stock opened at $72.50 on Wednesday. The business’s 50-day moving average price is $64.71 and its 200-day moving average price is $55.17. Global X Copper Miners ETF has a 12 month low of $30.77 and a 12 month high of $76.50. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 18.04 and a beta of 1.16.
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.
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