PFG Investments LLC Makes New Investment in Global X Copper Miners ETF (NYSEARCA:COPX)

PFG Investments LLC acquired a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, Holdings Channel.com reports. The fund acquired 21,000 shares of the company’s stock, valued at approximately $802,000.

Several other institutional investors and hedge funds also recently bought and sold shares of COPX. Millennium Management LLC purchased a new position in Global X Copper Miners ETF during the second quarter worth $5,629,000. Barclays PLC boosted its stake in Global X Copper Miners ETF by 245.8% during the third quarter. Barclays PLC now owns 122,780 shares of the company’s stock worth $5,804,000 after buying an additional 87,278 shares during the period. CloudAlpha Capital Management Limited Hong Kong purchased a new position in Global X Copper Miners ETF during the third quarter worth $4,047,000. Cetera Investment Advisers boosted its stake in Global X Copper Miners ETF by 304.0% during the second quarter. Cetera Investment Advisers now owns 103,491 shares of the company’s stock worth $4,669,000 after buying an additional 77,872 shares during the period. Finally, Lake Hills Wealth Management LLC purchased a new position in Global X Copper Miners ETF during the fourth quarter worth $2,073,000.

Global X Copper Miners ETF Trading Down 2.8 %

Shares of COPX opened at $37.99 on Wednesday. The firm has a market capitalization of $1.78 billion, a P/E ratio of 11.68 and a beta of 1.21. Global X Copper Miners ETF has a 12-month low of $33.90 and a 12-month high of $52.90. The firm has a fifty day moving average price of $40.47 and a 200-day moving average price of $42.45.

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.