SG Americas Securities LLC Raises Stock Position in Global X Copper Miners ETF (NYSEARCA:COPX)

SG Americas Securities LLC lifted its stake in Global X Copper Miners ETF (NYSEARCA:COPX) by 173.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 40,424 shares of the company’s stock after acquiring an additional 25,657 shares during the period. SG Americas Securities LLC’s holdings in Global X Copper Miners ETF were worth $1,543,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of Global X Copper Miners ETF by 51.1% during the second quarter. Envestnet Asset Management Inc. now owns 70,710 shares of the company’s stock worth $3,190,000 after purchasing an additional 23,928 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Global X Copper Miners ETF by 8.0% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 5,190 shares of the company’s stock worth $234,000 after buying an additional 384 shares during the last quarter. Bank of Montreal Can increased its position in Global X Copper Miners ETF by 105.2% during the second quarter. Bank of Montreal Can now owns 20,357 shares of the company’s stock worth $929,000 after buying an additional 10,438 shares during the period. AQR Capital Management LLC purchased a new stake in Global X Copper Miners ETF in the second quarter valued at approximately $217,000. Finally, Millennium Management LLC acquired a new stake in shares of Global X Copper Miners ETF in the second quarter valued at approximately $5,629,000.

Global X Copper Miners ETF Price Performance

Shares of Global X Copper Miners ETF stock opened at $39.10 on Tuesday. The firm’s fifty day simple moving average is $40.53 and its 200-day simple moving average is $42.50. Global X Copper Miners ETF has a 12 month low of $33.90 and a 12 month high of $52.90. The stock has a market capitalization of $1.84 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21.

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.