Global X Copper Miners ETF Sees Unusually High Options Volume (NYSEARCA:COPX)

Global X Copper Miners ETF (NYSEARCA:COPX) saw unusually large options trading activity on Monday. Stock traders bought 15,105 call options on the company. This represents an increase of approximately 117% compared to the average volume of 6,959 call options.

Global X Copper Miners ETF Price Performance

COPX opened at $90.42 on Wednesday. The company has a 50 day simple moving average of $72.34 and a two-hundred day simple moving average of $60.16. The firm has a market cap of $6.75 billion, a P/E ratio of 18.04 and a beta of 1.16. Global X Copper Miners ETF has a 1-year low of $30.77 and a 1-year high of $92.75.

Institutional Investors Weigh In On Global X Copper Miners ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Global X Copper Miners ETF in the fourth quarter worth about $30,000. Sunbelt Securities Inc. bought a new position in Global X Copper Miners ETF in the 3rd quarter worth approximately $30,000. WFA Asset Management Corp purchased a new stake in Global X Copper Miners ETF during the 2nd quarter valued at approximately $25,000. Caitlin John LLC bought a new stake in shares of Global X Copper Miners ETF during the third quarter valued at approximately $33,000. Finally, US Bancorp DE purchased a new position in shares of Global X Copper Miners ETF in the third quarter worth $60,000.

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.