Renaissance Technologies LLC Makes New $2.54 Million Investment in Global X Copper Miners ETF $COPX

Renaissance Technologies LLC acquired a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 33,297 shares of the company’s stock, valued at approximately $2,542,000.

A number of other hedge funds have also recently made changes to their positions in COPX. Qube Research & Technologies Ltd grew its holdings in shares of Global X Copper Miners ETF by 3,106.0% during the second quarter. Qube Research & Technologies Ltd now owns 41,357 shares of the company’s stock valued at $1,861,000 after buying an additional 40,067 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Global X Copper Miners ETF by 11.1% in the 2nd quarter. Raymond James Financial Inc. now owns 71,656 shares of the company’s stock worth $3,225,000 after acquiring an additional 7,160 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Global X Copper Miners ETF by 13.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 255,960 shares of the company’s stock valued at $11,519,000 after acquiring an additional 29,596 shares in the last quarter. Great Valley Advisor Group Inc. bought a new position in Global X Copper Miners ETF in the 2nd quarter valued at about $202,000. Finally, Snowden Capital Advisors LLC acquired a new position in Global X Copper Miners ETF during the 2nd quarter valued at about $279,000.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $88.03 on Monday. The stock has a 50 day moving average price of $80.44 and a two-hundred day moving average price of $82.50. The firm has a market capitalization of $8.16 billion, a P/E ratio of 18.04 and a beta of 1.07. Global X Copper Miners ETF has a 52 week low of $45.36 and a 52 week high of $99.99.

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.