Terra Nova Asset Management LLC Buys Shares of 10,555 Global X Copper Miners ETF $COPX

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X Copper Miners ETF by 359,496.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock valued at $15,568,253,000 after acquiring an additional 216,797,938 shares during the period. Bank of Nova Scotia bought a new stake in Global X Copper Miners ETF during the 3rd quarter worth approximately $92,947,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Global X Copper Miners ETF during the 4th quarter worth approximately $56,244,000. JPMorgan Chase & Co. increased its holdings in Global X Copper Miners ETF by 16.6% during the 4th quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock worth $386,550,000 after acquiring an additional 766,399 shares during the period. Finally, PointState Capital LP purchased a new stake in Global X Copper Miners ETF in the 4th quarter worth approximately $54,012,000.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA:COPX opened at $85.48 on Monday. The firm has a fifty day moving average price of $84.75 and a two-hundred day moving average price of $81.25. Global X Copper Miners ETF has a one year low of $41.51 and a one year high of $99.99. The company has a market cap of $8.01 billion, a price-to-earnings ratio of 18.04 and a beta of 1.04.

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.