Terra Nova Asset Management LLC Makes New Investment in Global X Copper Miners ETF $COPX

Terra Nova Asset Management LLC bought a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,555 shares of the company’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors also recently modified their holdings of COPX. ORG Partners LLC lifted its stake in shares of Global X Copper Miners ETF by 10.3% during the 4th quarter. ORG Partners LLC now owns 1,738 shares of the company’s stock valued at $125,000 after buying an additional 163 shares in the last quarter. AlphaCore Capital LLC grew its stake in Global X Copper Miners ETF by 18.4% in the 4th quarter. AlphaCore Capital LLC now owns 1,288 shares of the company’s stock valued at $95,000 after buying an additional 200 shares in the last quarter. Freestone Capital Holdings LLC grew its stake in Global X Copper Miners ETF by 8.5% in the 4th quarter. Freestone Capital Holdings LLC now owns 3,837 shares of the company’s stock valued at $275,000 after buying an additional 300 shares in the last quarter. Cibc World Market Inc. raised its holdings in Global X Copper Miners ETF by 0.8% during the 4th quarter. Cibc World Market Inc. now owns 38,489 shares of the company’s stock valued at $2,763,000 after acquiring an additional 308 shares during the period. Finally, Meridian Wealth Management LLC raised its holdings in Global X Copper Miners ETF by 8.4% during the 4th quarter. Meridian Wealth Management LLC now owns 4,202 shares of the company’s stock valued at $302,000 after acquiring an additional 327 shares during the period.

Global X Copper Miners ETF Price Performance

NYSEARCA:COPX opened at $85.48 on Monday. Global X Copper Miners ETF has a 1 year low of $41.51 and a 1 year high of $99.99. The stock’s fifty day moving average price is $84.75 and its two-hundred day moving average price is $81.25. The company has a market cap of $8.01 billion, a P/E ratio of 18.04 and a beta of 1.04.

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.