SMART Wealth LLC Takes Position in Global X Copper Miners ETF $COPX

SMART Wealth LLC purchased a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,415 shares of the company’s stock, valued at approximately $719,000.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in Global X Copper Miners ETF by 359,496.5% during 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 purchasing an additional 216,797,938 shares in the last quarter. Bank of Nova Scotia purchased a new stake in Global X Copper Miners ETF in the 3rd quarter worth approximately $92,947,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Global X Copper Miners ETF in the 4th quarter worth approximately $56,244,000. JPMorgan Chase & Co. boosted its stake in shares of 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 valued at $386,550,000 after buying an additional 766,399 shares during the period. Finally, PointState Capital LP acquired a new stake in shares of Global X Copper Miners ETF during the 4th quarter valued at $54,012,000.

Global X Copper Miners ETF Stock Up 1.6%

Global X Copper Miners ETF stock opened at $76.97 on Wednesday. The company’s fifty day simple moving average is $83.75 and its 200-day simple moving average is $81.78. Global X Copper Miners ETF has a 12 month low of $41.94 and a 12 month high of $99.99. The stock has a market cap of $7.21 billion, a P/E ratio of 18.04 and a beta of 1.04.

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.