Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Wealth Enhancement Advisory Services LLC increased its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 16.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,087 shares of the company’s stock after purchasing an additional 13,826 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Global X Copper Miners ETF were worth $4,731,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in COPX. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X Copper Miners ETF by 113.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,084 shares of the company’s stock worth $3,407,000 after purchasing an additional 38,304 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Global X Copper Miners ETF by 524.0% during the third quarter. Allworth Financial LP now owns 599 shares of the company’s stock valued at $28,000 after buying an additional 503 shares during the period. Pettinga Financial Advisors LLC lifted its stake in shares of Global X Copper Miners ETF by 17.5% during the third quarter. Pettinga Financial Advisors LLC now owns 20,170 shares of the company’s stock valued at $953,000 after buying an additional 3,005 shares during the period. Glenorchy Capital Ltd boosted its position in Global X Copper Miners ETF by 27.9% during the third quarter. Glenorchy Capital Ltd now owns 59,350 shares of the company’s stock worth $2,806,000 after acquiring an additional 12,963 shares during the last quarter. Finally, Legend Financial Advisors Inc. grew its stake in Global X Copper Miners ETF by 9.1% in the 3rd quarter. Legend Financial Advisors Inc. now owns 211,307 shares of the company’s stock worth $9,988,000 after acquiring an additional 17,687 shares during the period.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $43.75 on Friday. Global X Copper Miners ETF has a fifty-two week low of $31.65 and a fifty-two week high of $52.90. The stock has a fifty day moving average of $44.25 and a two-hundred day moving average of $45.03. The company has a market capitalization of $2.05 billion, a PE ratio of 11.68 and a beta of 1.21.

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.