Fortis Group Advisors LLC Purchases New Holdings in Global X Copper Miners ETF $COPX

Fortis Group Advisors LLC purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 19,547 shares of the company’s stock, valued at approximately $1,403,000.

Several other hedge funds also recently added to or reduced their stakes in COPX. Qube Research & Technologies Ltd grew its holdings in Global X Copper Miners ETF by 3,106.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 41,357 shares of the company’s stock valued at $1,861,000 after purchasing an additional 40,067 shares during the last quarter. Raymond James Financial Inc. grew its stake in Global X Copper Miners ETF by 11.1% in the 2nd quarter. Raymond James Financial Inc. now owns 71,656 shares of the company’s stock worth $3,225,000 after acquiring an additional 7,160 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Global X Copper Miners ETF by 13.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,960 shares of the company’s stock worth $11,519,000 after acquiring an additional 29,596 shares in the last quarter. Great Valley Advisor Group Inc. bought a new position in Global X Copper Miners ETF in the 2nd quarter worth about $202,000. Finally, Snowden Capital Advisors LLC bought a new position in Global X Copper Miners ETF in the 2nd quarter worth about $279,000.

Global X Copper Miners ETF Price Performance

Shares of COPX stock opened at $82.31 on Thursday. The company has a market capitalization of $7.71 billion, a P/E ratio of 18.04 and a beta of 1.03. The company’s 50-day simple moving average is $80.42 and its two-hundred day simple moving average is $77.37. Global X Copper Miners ETF has a one year low of $39.96 and a one year high of $99.99.

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.