Oppenheimer & Co. Inc. lessened its holdings in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) by 52.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,507 shares of the company’s stock after selling 8,170 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Global X Copper Miners ETF were worth $355,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in COPX. Realta Investment Advisors bought a new position in Global X Copper Miners ETF in the 3rd quarter valued at $25,000. Stephens Inc. AR boosted its position in shares of Global X Copper Miners ETF by 16.2% during the third quarter. Stephens Inc. AR now owns 5,393 shares of the company’s stock worth $255,000 after purchasing an additional 753 shares in the last quarter. Meitav Investment House Ltd. bought a new stake in shares of Global X Copper Miners ETF in the third quarter worth about $1,064,000. Wealth Enhancement Advisory Services LLC lifted its stake in Global X Copper Miners ETF by 16.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 100,087 shares of the company’s stock valued at $4,731,000 after buying an additional 13,826 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in 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 in the last quarter.
Global X Copper Miners ETF Stock Performance
NYSEARCA COPX opened at $42.79 on Friday. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. Global X Copper Miners ETF has a 52 week low of $33.83 and a 52 week high of $52.90. The stock’s 50 day moving average price is $44.73 and its two-hundred day moving average price is $44.76.
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.
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