76,770 Shares of Global X Copper Miners ETF $COPX Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) in the third quarter, HoldingsChannel.com reports. The fund acquired 76,770 shares of the company’s stock, valued at approximately $6,502,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new position in shares of Global X Copper Miners ETF during the 2nd quarter worth approximately $8,481,000. Nan Shan Life Insurance Co. Ltd. lifted its holdings in shares of Global X Copper Miners ETF by 89.3% in the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 52,746 shares of the company’s stock valued at $4,060,000 after buying an additional 24,875 shares during the period. Juncture Wealth Strategies LLC purchased a new stake in shares of Global X Copper Miners ETF in the third quarter valued at approximately $2,304,000. Crescent Grove Advisors LLC purchased a new stake in shares of Global X Copper Miners ETF in the first quarter valued at approximately $1,002,000. Finally, Fifth Third Securities Inc. purchased a new stake in shares of Global X Copper Miners ETF in the third quarter valued at approximately $1,486,000.

Global X Copper Miners ETF Price Performance

Shares of COPX stock opened at $70.23 on Friday. The business’s fifty day moving average price is $83.70 and its 200 day moving average price is $83.30. Global X Copper Miners ETF has a 1-year low of $56.93 and a 1-year high of $99.99. The firm has a market capitalization of $6.13 billion, a PE ratio of 18.04 and a beta of 1.12.

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.