Bank of America Corp DE Buys 583,597 Shares of Global X Copper Miners ETF $COPX

Bank of America Corp DE boosted its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 97.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,184,044 shares of the company’s stock after buying an additional 583,597 shares during the quarter. Bank of America Corp DE’s holdings in Global X Copper Miners ETF were worth $90,402,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of COPX. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Global X Copper Miners ETF in the 4th quarter valued at $28,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Global X Copper Miners ETF during the first quarter valued at $30,000. International Assets Investment Management LLC acquired a new position in shares of Global X Copper Miners ETF during the first quarter valued at $33,000. Longview Financial Advisors Inc. acquired a new position in shares of Global X Copper Miners ETF during the first quarter valued at $34,000. Finally, Sunbelt Securities Inc. bought a new position in Global X Copper Miners ETF in the third quarter valued at about $30,000.

Global X Copper Miners ETF Stock Up 2.3%

Shares of COPX stock opened at $88.03 on Friday. The stock has a 50-day moving average price of $80.44 and a 200 day moving average price of $82.49. The firm has a market cap of $8.16 billion, a price-to-earnings ratio of 18.04 and a beta of 1.07. Global X Copper Miners ETF has a 12 month low of $45.36 and a 12 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.