Trek Financial LLC Buys New Position in Global X Copper Miners ETF $COPX

Trek Financial LLC acquired a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 3rd quarter, Holdings Channel reports. The fund acquired 90,411 shares of the company’s stock, valued at approximately $5,407,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. WFA Asset Management Corp acquired a new position in Global X Copper Miners ETF in the 2nd quarter worth about $25,000. ORG Partners LLC boosted its position in shares of Global X Copper Miners ETF by 4,320.0% during the second quarter. ORG Partners LLC now owns 1,105 shares of the company’s stock worth $50,000 after buying an additional 1,080 shares during the period. FWL Investment Management LLC increased its position in shares of Global X Copper Miners ETF by 43.2% during the second quarter. FWL Investment Management LLC now owns 3,096 shares of the company’s stock worth $139,000 after acquiring an additional 934 shares during the period. Farther Finance Advisors LLC acquired a new stake in Global X Copper Miners ETF during the 2nd quarter worth $158,000. Finally, CWM LLC grew its stake in shares of Global X Copper Miners ETF by 1,356.8% in the 2nd quarter. CWM LLC now owns 4,079 shares of the company’s stock valued at $184,000 after purchasing an additional 3,799 shares during the last quarter.

Global X Copper Miners ETF Price Performance

COPX traded up $3.78 during midday trading on Friday, reaching $86.01. 5,719,749 shares of the company’s stock were exchanged, compared to its average volume of 4,594,389. The business’s 50-day moving average price is $71.15 and its 200 day moving average price is $59.35. The stock has a market capitalization of $6.35 billion, a PE ratio of 18.04 and a beta of 1.16. Global X Copper Miners ETF has a 1-year low of $30.77 and a 1-year high of $86.15.

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.