Valley National Advisers Inc. Has $125,000 Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Valley National Advisers Inc. trimmed its stake in Global X Copper Miners ETF (NYSEARCA:COPX) by 11.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,664 shares of the company’s stock after selling 333 shares during the period. Valley National Advisers Inc.’s holdings in Global X Copper Miners ETF were worth $125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Global X Copper Miners ETF during the second quarter worth about $27,000. Allworth Financial LP raised its stake in shares of Global X Copper Miners ETF by 524.0% in the third quarter. Allworth Financial LP now owns 599 shares of the company’s stock valued at $28,000 after purchasing an additional 503 shares in the last quarter. Baldwin Brothers LLC MA acquired a new stake in Global X Copper Miners ETF during the second quarter worth $50,000. Aptus Capital Advisors LLC increased its holdings in Global X Copper Miners ETF by 25.2% in the 2nd quarter. Aptus Capital Advisors LLC now owns 2,064 shares of the company’s stock valued at $93,000 after buying an additional 415 shares during the period. Finally, Friedenthal Financial acquired a new position in shares of Global X Copper Miners ETF in the 2nd quarter valued at $122,000.

Global X Copper Miners ETF Stock Performance

NYSEARCA:COPX opened at $45.00 on Monday. The company has a 50-day moving average of $44.11 and a 200-day moving average of $45.06. Global X Copper Miners ETF has a 52 week low of $31.65 and a 52 week high of $52.90. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21.

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.