Picton Mahoney Asset Management Grows Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Picton Mahoney Asset Management increased its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 33.8% in the 4th quarter, HoldingsChannel reports. The firm owned 9,900 shares of the company’s stock after acquiring an additional 2,500 shares during the quarter. Picton Mahoney Asset Management’s holdings in Global X Copper Miners ETF were worth $371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Simplex Trading LLC purchased a new stake in Global X Copper Miners ETF in the 3rd quarter worth approximately $42,000. U S Global Investors Inc. acquired a new stake in Global X Copper Miners ETF during the fourth quarter valued at $75,000. Riggs Asset Managment Co. Inc. increased its holdings in Global X Copper Miners ETF by 11.0% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 4,617 shares of the company’s stock valued at $173,000 after buying an additional 457 shares in the last quarter. Banque Cantonale Vaudoise raised its position in shares of Global X Copper Miners ETF by 53.8% in the third quarter. Banque Cantonale Vaudoise now owns 5,378 shares of the company’s stock worth $196,000 after acquiring an additional 1,882 shares during the period. Finally, Citigroup Inc. raised its position in shares of Global X Copper Miners ETF by 451.8% in the third quarter. Citigroup Inc. now owns 7,560 shares of the company’s stock worth $275,000 after acquiring an additional 6,190 shares during the period.

Global X Copper Miners ETF Trading Down 1.3 %

Shares of COPX stock opened at $46.80 on Thursday. Global X Copper Miners ETF has a 12-month low of $31.65 and a 12-month high of $48.06. The business’s 50 day moving average is $43.03 and its two-hundred day moving average is $38.05. The company has a market capitalization of $2.20 billion, a P/E ratio of 11.68 and a beta of 1.21.

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.