Global X Copper Miners ETF $COPX Shares Newly Purchased by Horizon Wealth Management LLC

Horizon Wealth Management LLC purchased a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 177,324 shares of the company’s stock, valued at approximately $15,019,000. Global X Copper Miners ETF comprises approximately 1.9% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC acquired a new stake in Global X Copper Miners ETF during the third quarter valued at approximately $10,516,000. SFI Advisors LLC lifted its holdings in Global X Copper Miners ETF by 5.7% during the 3rd quarter. SFI Advisors LLC now owns 5,520 shares of the company’s stock worth $468,000 after buying an additional 300 shares during the last quarter. Lunt Capital Management Inc. lifted its holdings in Global X Copper Miners ETF by 6.6% during the 3rd quarter. Lunt Capital Management Inc. now owns 2,892 shares of the company’s stock worth $245,000 after buying an additional 178 shares during the last quarter. Integrity Alliance LLC. bought a new position in Global X Copper Miners ETF during the 3rd quarter worth approximately $1,345,000. Finally, Garde Capital Inc. acquired a new position in shares of Global X Copper Miners ETF in the 3rd quarter worth approximately $2,125,000.

Global X Copper Miners ETF Trading Down 5.8%

Shares of COPX opened at $70.23 on Friday. Global X Copper Miners ETF has a 52 week low of $56.93 and a 52 week high of $99.99. The firm has a market cap of $6.13 billion, a price-to-earnings ratio of 18.04 and a beta of 1.12. The stock has a 50 day moving average of $83.70 and a 200-day moving average of $83.30.

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.