Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 76,770 shares of the company’s stock, valued at approximately $6,502,000. Mirae Asset Global Investments Co. Ltd. owned about 0.09% of Global X Copper Miners ETF as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in COPX. Groupe la Francaise increased its holdings in shares of Global X Copper Miners ETF by 67.4% in the second quarter. Groupe la Francaise now owns 385 shares of the company’s stock valued at $30,000 after purchasing an additional 155 shares during the period. Modern Wealth Management LLC raised its stake in shares of Global X Copper Miners ETF by 3.9% during the first quarter. Modern Wealth Management LLC now owns 4,690 shares of the company’s stock worth $367,000 after purchasing an additional 177 shares during the last quarter. Tactive Advisors LLC raised its stake in shares of Global X Copper Miners ETF by 1.0% during the second quarter. Tactive Advisors LLC now owns 24,695 shares of the company’s stock worth $1,901,000 after purchasing an additional 245 shares during the last quarter. Hollencrest Capital Management raised its stake in shares of Global X Copper Miners ETF by 83.4% during the first quarter. Hollencrest Capital Management now owns 609 shares of the company’s stock worth $46,000 after purchasing an additional 277 shares during the last quarter. Finally, HBW Advisory Services LLC lifted its holdings in shares of Global X Copper Miners ETF by 10.2% during the first quarter. HBW Advisory Services LLC now owns 3,328 shares of the company’s stock worth $254,000 after purchasing an additional 309 shares during the period.
Global X Copper Miners ETF Price Performance
Shares of NYSEARCA COPX opened at $70.23 on Friday. The stock has a fifty day moving average price of $83.70 and a 200 day moving average price of $83.30. Global X Copper Miners ETF has a 1-year low of $56.93 and a 1-year high of $99.99. The company has a market cap of $6.13 billion, a PE ratio of 18.04 and a beta of 1.12.
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.
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