Trek Financial LLC Increases Stock Position in Global X Copper Miners ETF $COPX

Trek Financial LLC lifted its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,781 shares of the company’s stock after purchasing an additional 9,370 shares during the period. Trek Financial LLC owned about 0.12% of Global X Copper Miners ETF worth $7,163,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in Global X Copper Miners ETF by 507.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,618,057 shares of the company’s stock worth $276,206,000 after purchasing an additional 3,858,174 shares in the last quarter. Bank of Nova Scotia acquired a new stake in shares of Global X Copper Miners ETF during the 3rd quarter worth about $92,947,000. Bank of America Corp DE grew its holdings in shares of Global X Copper Miners ETF by 120.2% during the third quarter. Bank of America Corp DE now owns 1,088,621 shares of the company’s stock worth $65,110,000 after buying an additional 594,279 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at approximately $56,244,000. Finally, Wealth High Governance Capital Ltda acquired a new position in shares of Global X Copper Miners ETF in the third quarter valued at approximately $32,297,000.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $87.59 on Tuesday. Global X Copper Miners ETF has a 1 year low of $39.04 and a 1 year high of $99.99. The company’s 50 day simple moving average is $80.63 and its 200 day simple moving average is $76.17. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 18.04 and a beta of 1.03.

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.