Oppenheimer & Co. Inc. lessened its stake in Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) by 52.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 7,507 shares of the company’s stock after selling 8,170 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Global X Copper Miners ETF were worth $355,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Realta Investment Advisors purchased a new position in shares of Global X Copper Miners ETF in the 3rd quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Global X Copper Miners ETF in the 2nd quarter worth about $27,000. Allworth Financial LP boosted its position 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 purchasing an additional 503 shares in the last quarter. Baldwin Brothers LLC MA purchased a new stake in shares of Global X Copper Miners ETF in the second quarter worth $50,000. Finally, Aptus Capital Advisors LLC raised 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 worth $93,000 after acquiring an additional 415 shares during the last quarter.
Global X Copper Miners ETF Stock Performance
COPX opened at $42.79 on Friday. The stock has a market capitalization of $2.01 billion, a P/E ratio of 11.68 and a beta of 1.21. The company’s 50-day simple moving average is $44.73 and its two-hundred day simple moving average is $44.76. Global X Copper Miners ETF has a 52-week low of $33.83 and a 52-week high of $52.90.
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.
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