Foundations Investment Advisors LLC acquired a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 22,095 shares of the company’s stock, valued at approximately $1,586,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new stake in Global X Copper Miners ETF during the 4th quarter valued at about $30,000. Sunbelt Securities Inc. bought a new stake in Global X Copper Miners ETF during the 3rd quarter valued at about $30,000. Caitlin John LLC bought a new stake in Global X Copper Miners ETF during the 3rd quarter valued at about $33,000. US Bancorp DE bought a new stake in Global X Copper Miners ETF during the 3rd quarter valued at about $60,000. Finally, AlphaCore Capital LLC increased its stake in Global X Copper Miners ETF by 318.5% during the 3rd quarter. AlphaCore Capital LLC now owns 1,088 shares of the company’s stock valued at $65,000 after purchasing an additional 828 shares in the last quarter.
Global X Copper Miners ETF Stock Performance
NYSEARCA:COPX opened at $88.14 on Friday. The firm has a market cap of $8.26 billion, a P/E ratio of 18.04 and a beta of 1.03. Global X Copper Miners ETF has a fifty-two week low of $40.55 and a fifty-two week high of $99.99. The firm has a 50-day simple moving average of $81.36 and a two-hundred day simple moving average of $78.51.
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.
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