Summit Wealth Partners LLC Makes New $1.47 Million Investment in Global X Copper Miners ETF $COPX

Summit Wealth Partners LLC purchased a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the first quarter, HoldingsChannel.com reports. The fund purchased 19,226 shares of the company’s stock, valued at approximately $1,468,000.

Other institutional investors have also modified their holdings of the company. Brookstone Capital Management grew its position in shares of Global X Copper Miners ETF by 437.2% in the 1st quarter. Brookstone Capital Management now owns 21,922 shares of the company’s stock valued at $1,674,000 after purchasing an additional 17,841 shares during the period. SG Americas Securities LLC increased its stake in Global X Copper Miners ETF by 195.1% during the 1st quarter. SG Americas Securities LLC now owns 41,297 shares of the company’s stock worth $3,153,000 after purchasing an additional 27,301 shares in the last quarter. Tactive Advisors LLC raised its holdings in Global X Copper Miners ETF by 8.1% during the 1st quarter. Tactive Advisors LLC now owns 24,450 shares of the company’s stock worth $1,867,000 after buying an additional 1,835 shares during the period. Terra Nova Asset Management LLC acquired a new stake in Global X Copper Miners ETF during the 1st quarter worth approximately $806,000. Finally, WESPAC Advisors SoCal LLC acquired a new stake in Global X Copper Miners ETF during the 1st quarter worth approximately $1,248,000.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $84.89 on Tuesday. The firm has a market cap of $7.96 billion, a P/E ratio of 18.04 and a beta of 1.04. Global X Copper Miners ETF has a twelve month low of $41.51 and a twelve month high of $99.99. The firm’s 50 day moving average price is $84.82 and its two-hundred day moving average price is $81.39.

Global X Copper Miners ETF 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.