Global X Copper Miners ETF Target of Unusually High Options Trading (NYSEARCA:COPX)

Global X Copper Miners ETF (NYSEARCA:COPX) was the target of unusually large options trading on Tuesday. Investors bought 7,336 call options on the company. This is an increase of 886% compared to the typical volume of 744 call options.

Global X Copper Miners ETF Stock Up 2.0 %

NYSEARCA COPX opened at $43.32 on Wednesday. Global X Copper Miners ETF has a 52 week low of $36.79 and a 52 week high of $52.90. The firm has a 50 day moving average of $40.15 and a two-hundred day moving average of $41.85. The stock has a market capitalization of $2.92 billion, a PE ratio of 16.06 and a beta of 1.35.

Institutional Trading of Global X Copper Miners ETF

A number of institutional investors have recently bought and sold shares of COPX. Steward Partners Investment Advisory LLC increased its holdings in shares of Global X Copper Miners ETF by 5.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,244 shares of the company’s stock valued at $200,000 after acquiring an additional 250 shares during the last quarter. National Bank of Canada FI boosted its holdings in Global X Copper Miners ETF by 0.7% in the third quarter. National Bank of Canada FI now owns 57,871 shares of the company’s stock valued at $2,736,000 after purchasing an additional 405 shares in the last quarter. Pekin Hardy Strauss Inc. raised its holdings in Global X Copper Miners ETF by 3.6% during the third quarter. Pekin Hardy Strauss Inc. now owns 12,952 shares of the company’s stock worth $612,000 after purchasing an additional 450 shares in the last quarter. West Oak Capital LLC boosted its holdings in shares of Global X Copper Miners ETF by 478.3% in the 4th quarter. West Oak Capital LLC now owns 665 shares of the company’s stock valued at $25,000 after buying an additional 550 shares in the last quarter. Finally, PCG Wealth Advisors LLC grew its position in shares of Global X Copper Miners ETF by 1.3% in the 4th quarter. PCG Wealth Advisors LLC now owns 45,039 shares of the company’s stock valued at $1,720,000 after buying an additional 591 shares during the last quarter.

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.