Global X Copper Miners ETF (NYSEARCA:COPX) Sets New 52-Week High at $46.78

Shares of Global X Copper Miners ETF (NYSEARCA:COPX) hit a new 52-week high during trading on Tuesday . The stock traded as high as $46.78 and last traded at $46.60, with a volume of 318170 shares traded. The stock had previously closed at $45.50.

Global X Copper Miners ETF Trading Down 0.9 %

The firm’s 50-day moving average price is $38.83 and its 200 day moving average price is $36.52. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 7.92 and a beta of 1.43.

Institutional Trading of Global X Copper Miners ETF

Hedge funds have recently bought and sold shares of the business. Citigroup Inc. grew its position in Global X Copper Miners ETF by 451.8% in the 3rd quarter. Citigroup Inc. now owns 7,560 shares of the company’s stock valued at $275,000 after purchasing an additional 6,190 shares during the period. Oppenheimer & Co. Inc. bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at $471,000. SG Americas Securities LLC bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at $502,000. B. Riley Wealth Advisors Inc. lifted its stake in Global X Copper Miners ETF by 7.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 18,358 shares of the company’s stock valued at $668,000 after acquiring an additional 1,305 shares in the last quarter. Finally, Gotham Asset Management LLC bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at $798,000.

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.