Advisory Alpha LLC Lowers Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Advisory Alpha LLC trimmed its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 3.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,508 shares of the company’s stock after selling 296 shares during the quarter. Advisory Alpha LLC’s holdings in Global X Copper Miners ETF were worth $363,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in COPX. Truist Financial Corp lifted its stake in shares of Global X Copper Miners ETF by 2.9% during the 2nd quarter. Truist Financial Corp now owns 13,070 shares of the company’s stock worth $590,000 after purchasing an additional 370 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Global X Copper Miners ETF by 8.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,190 shares of the company’s stock worth $234,000 after purchasing an additional 384 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of Global X Copper Miners ETF by 0.7% during the 3rd quarter. National Bank of Canada FI now owns 57,871 shares of the company’s stock worth $2,736,000 after purchasing an additional 405 shares during the last quarter. Pekin Hardy Strauss Inc. raised its stake in Global X Copper Miners ETF by 3.6% in the third quarter. Pekin Hardy Strauss Inc. now owns 12,952 shares of the company’s stock valued at $612,000 after buying an additional 450 shares during the last quarter. Finally, Allworth Financial LP raised its stake in Global X Copper Miners ETF by 524.0% in 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 last quarter.

Global X Copper Miners ETF Stock Performance

Global X Copper Miners ETF stock opened at $39.45 on Friday. The stock has a 50-day moving average of $40.59 and a two-hundred day moving average of $42.64. Global X Copper Miners ETF has a one year low of $33.90 and a one year high of $52.90. The stock has a market cap of $1.85 billion, a PE ratio of 11.68 and a beta of 1.21.

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.