Bank of Nova Scotia Invests $767,000 in Global X Copper Miners ETF $COPX

Bank of Nova Scotia purchased a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 10,050 shares of the company’s stock, valued at approximately $767,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Foundations Investment Advisors LLC purchased a new stake in shares of Global X Copper Miners ETF in the 4th quarter valued at $1,586,000. PCG Wealth Advisors LLC grew its stake in shares of Global X Copper Miners ETF by 63.2% in the fourth quarter. PCG Wealth Advisors LLC now owns 108,278 shares of the company’s stock worth $7,773,000 after purchasing an additional 41,947 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Global X Copper Miners ETF in the 4th quarter worth approximately $1,071,000. Revisor Wealth Management LLC purchased a new stake in Global X Copper Miners ETF in the fourth quarter worth $552,000. Finally, Trivium Point Advisory LLC lifted its stake in Global X Copper Miners ETF by 73.9% in the fourth quarter. Trivium Point Advisory LLC now owns 126,087 shares of the company’s stock worth $9,052,000 after acquiring an additional 53,593 shares during the period.

Global X Copper Miners ETF Stock Down 0.5%

NYSEARCA:COPX opened at $76.14 on Thursday. The stock has a market cap of $7.04 billion, a P/E ratio of 18.04 and a beta of 1.08. The firm’s fifty day simple moving average is $80.79 and its 200 day simple moving average is $82.37. Global X Copper Miners ETF has a twelve month low of $41.94 and a twelve month high of $99.99.

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.