Polymer Capital Management HK LTD Purchases 98,359 Shares of Global X Copper Miners ETF $COPX

Polymer Capital Management HK LTD raised its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 326.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 128,459 shares of the company’s stock after acquiring an additional 98,359 shares during the period. Global X Copper Miners ETF comprises 1.3% of Polymer Capital Management HK LTD’s portfolio, making the stock its 18th biggest position. Polymer Capital Management HK LTD owned about 0.15% of Global X Copper Miners ETF worth $9,222,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in Global X Copper Miners ETF by 34.7% in the 4th quarter. Wells Fargo & Company MN now owns 412,753 shares of the company’s stock valued at $29,632,000 after acquiring an additional 106,304 shares in the last quarter. HITE Hedge Asset Management LLC bought a new stake in Global X Copper Miners ETF in the 4th quarter valued at approximately $2,745,000. Beck Capital Management LLC lifted its stake in Global X Copper Miners ETF by 184.0% in the 4th quarter. Beck Capital Management LLC now owns 96,619 shares of the company’s stock valued at $6,936,000 after acquiring an additional 62,603 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its position in shares of Global X Copper Miners ETF by 153.8% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 399,217 shares of the company’s stock worth $28,654,000 after purchasing an additional 241,915 shares during the last quarter. Finally, DRW Securities LLC acquired a new position in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $1,292,000.

Global X Copper Miners ETF Stock Up 3.4%

NYSEARCA:COPX opened at $85.97 on Friday. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of 18.04 and a beta of 1.04. Global X Copper Miners ETF has a twelve month low of $41.51 and a twelve month high of $99.99. The stock’s 50 day moving average price is $83.79 and its two-hundred day moving average price is $80.24.

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.