Valence8 US LP Purchases New Holdings in Global X Copper Miners ETF $COPX

Valence8 US LP acquired a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 50,266 shares of the company’s stock, valued at approximately $2,262,000. Global X Copper Miners ETF comprises 1.0% of Valence8 US LP’s portfolio, making the stock its 12th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WFA Asset Management Corp acquired a new position in shares of Global X Copper Miners ETF in the second quarter valued at approximately $25,000. ORG Partners LLC grew its position in Global X Copper Miners ETF by 4,320.0% in the 2nd quarter. ORG Partners LLC now owns 1,105 shares of the company’s stock valued at $50,000 after buying an additional 1,080 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in Global X Copper Miners ETF in the 2nd quarter valued at $158,000. CWM LLC increased its stake in 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 buying an additional 3,799 shares during the period. Finally, GK Wealth Management LLC acquired a new position in Global X Copper Miners ETF in the 2nd quarter valued at $226,000.

Global X Copper Miners ETF Stock Up 1.4%

Shares of NYSEARCA:COPX opened at $60.87 on Monday. Global X Copper Miners ETF has a 52 week low of $30.77 and a 52 week high of $66.20. The company has a 50-day moving average price of $57.91 and a 200 day moving average price of $48.53. The company has a market cap of $3.35 billion, a P/E ratio of 18.04 and a beta of 1.16.

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.