Cumberland Partners Ltd Buys New Stake in Global X Copper Miners ETF $COPX

Cumberland Partners Ltd bought a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,000 shares of the company’s stock, valued at approximately $1,077,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of COPX. Qube Research & Technologies Ltd grew its holdings in shares of Global X Copper Miners ETF by 3,106.0% in the second quarter. Qube Research & Technologies Ltd now owns 41,357 shares of the company’s stock valued at $1,861,000 after purchasing an additional 40,067 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Global X Copper Miners ETF by 11.1% in the second quarter. Raymond James Financial Inc. now owns 71,656 shares of the company’s stock valued at $3,225,000 after purchasing an additional 7,160 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Global X Copper Miners ETF by 13.1% in the second quarter. Ameriprise Financial Inc. now owns 255,960 shares of the company’s stock valued at $11,519,000 after purchasing an additional 29,596 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new position in shares of Global X Copper Miners ETF in the second quarter valued at $202,000. Finally, Snowden Capital Advisors LLC purchased a new position in shares of Global X Copper Miners ETF in the second quarter valued at $279,000.

Global X Copper Miners ETF Stock Up 0.4%

Shares of COPX opened at $83.35 on Friday. The company has a market cap of $7.81 billion, a PE ratio of 18.04 and a beta of 1.03. The business has a fifty day moving average of $80.44 and a 200 day moving average of $77.57. Global X Copper Miners ETF has a 52-week low of $40.23 and a 52-week high of $99.99.

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.