CapWealth Advisors LLC Lowers Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

CapWealth Advisors LLC cut its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 11.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,500 shares of the company’s stock after selling 1,000 shares during the period. CapWealth Advisors LLC’s holdings in Global X Copper Miners ETF were worth $286,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its holdings in shares of Global X Copper Miners ETF by 0.7% during the third quarter. National Bank of Canada FI now owns 57,871 shares of the company’s stock worth $2,736,000 after purchasing an additional 405 shares during the period. Pekin Hardy Strauss Inc. raised its position in Global X Copper Miners ETF by 3.6% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 12,952 shares of the company’s stock worth $612,000 after buying an additional 450 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Global X Copper Miners ETF by 524.0% in the 3rd quarter. Allworth Financial LP now owns 599 shares of the company’s stock worth $28,000 after acquiring an additional 503 shares during the period. Realta Investment Advisors purchased a new stake in shares of Global X Copper Miners ETF in the third quarter valued at about $25,000. Finally, West Oak Capital LLC increased its stake in shares of Global X Copper Miners ETF by 478.3% during the fourth quarter. West Oak Capital LLC now owns 665 shares of the company’s stock worth $25,000 after acquiring an additional 550 shares during the period.

Global X Copper Miners ETF Stock Down 1.0 %

NYSEARCA COPX opened at $41.67 on Friday. Global X Copper Miners ETF has a 52-week low of $34.95 and a 52-week high of $52.90. The firm has a 50-day moving average price of $39.77 and a 200 day moving average price of $42.08. The stock has a market capitalization of $1.96 billion, a P/E ratio of 11.68 and a beta of 1.21.

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.