Pekin Hardy Strauss Inc. Purchases New Position in Global X Copper Miners ETF $COPX

Pekin Hardy Strauss Inc. purchased a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,765 shares of the company’s stock, valued at approximately $1,674,000.

Several other hedge funds have also bought and sold shares of COPX. Groupe la Francaise grew its stake in shares of Global X Copper Miners ETF by 67.4% during the 2nd quarter. Groupe la Francaise now owns 385 shares of the company’s stock worth $30,000 after purchasing an additional 155 shares during the period. Modern Wealth Management LLC lifted its stake in shares of Global X Copper Miners ETF by 3.9% in the 1st quarter. Modern Wealth Management LLC now owns 4,690 shares of the company’s stock valued at $367,000 after purchasing an additional 177 shares during the period. Lunt Capital Management Inc. lifted its stake in shares of Global X Copper Miners ETF by 6.6% in the 3rd quarter. Lunt Capital Management Inc. now owns 2,892 shares of the company’s stock valued at $245,000 after purchasing an additional 178 shares during the period. Lifetime Wealth Management P.C. lifted its stake in shares of Global X Copper Miners ETF by 4.1% in the 3rd quarter. Lifetime Wealth Management P.C. now owns 5,663 shares of the company’s stock valued at $480,000 after purchasing an additional 225 shares during the period. Finally, Tactive Advisors LLC boosted its holdings in 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 buying an additional 245 shares in the last quarter.

Global X Copper Miners ETF Stock Performance

NYSEARCA COPX traded up $1.02 during mid-day trading on Friday, reaching $71.25. 2,170,752 shares of the stock were exchanged, compared to its average volume of 3,952,731. The company has a market capitalization of $5.97 billion, a P/E ratio of 18.04 and a beta of 1.12. The business’s 50 day moving average is $83.20 and its 200-day moving average is $83.25. Global X Copper Miners ETF has a 1 year low of $56.93 and a 1 year high of $99.99.

About Global X Copper Miners ETF

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.