SG Americas Securities LLC Reduces Stake in Global X Copper Miners ETF (NYSEARCA:COPX)

SG Americas Securities LLC cut its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 70.9% during the second quarter, HoldingsChannel reports. The firm owned 4,017 shares of the company’s stock after selling 9,783 shares during the quarter. SG Americas Securities LLC’s holdings in Global X Copper Miners ETF were worth $181,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Simplex Trading LLC raised its stake in shares of Global X Copper Miners ETF by 195.0% in the fourth quarter. Simplex Trading LLC now owns 3,475 shares of the company’s stock valued at $130,000 after acquiring an additional 2,297 shares during the period. Truist Financial Corp raised its position in Global X Copper Miners ETF by 46.0% in the 4th quarter. Truist Financial Corp now owns 12,700 shares of the company’s stock worth $476,000 after purchasing an additional 4,000 shares during the period. Pekin Hardy Strauss Inc. raised its position in Global X Copper Miners ETF by 5.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 9,715 shares of the company’s stock worth $364,000 after purchasing an additional 470 shares during the period. Private Advisor Group LLC lifted its stake in Global X Copper Miners ETF by 6.1% in the fourth quarter. Private Advisor Group LLC now owns 8,769 shares of the company’s stock worth $329,000 after purchasing an additional 505 shares during the last quarter. Finally, Fielder Capital Group LLC purchased a new position in shares of Global X Copper Miners ETF during the fourth quarter valued at approximately $11,064,000.

Global X Copper Miners ETF Stock Performance

Shares of NYSEARCA COPX opened at $43.97 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 company has a market cap of $2.07 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. The business’s 50 day moving average price is $43.81 and its 200-day moving average price is $43.40.

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.