Global X Copper Miners ETF (NYSEARCA:COPX) Sees Strong Trading Volume

Global X Copper Miners ETF (NYSEARCA:COPX) saw strong trading volume on Wednesday . 1,251,992 shares were traded during trading, a decline of 1% from the previous session’s volume of 1,267,358 shares.The stock last traded at $40.50 and had previously closed at $40.08.

Global X Copper Miners ETF Trading Down 3.3 %

The business has a fifty day moving average of $43.29 and a 200-day moving average of $43.79. The company has a market cap of $1.81 billion, a PE ratio of 11.68 and a beta of 1.21.

Institutional Trading of Global X Copper Miners ETF

A number of hedge funds and other institutional investors have recently modified their holdings of COPX. Price T Rowe Associates Inc. MD grew its holdings in shares of Global X Copper Miners ETF by 1.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,476,842 shares of the company’s stock valued at $62,663,000 after buying an additional 22,247 shares during the last quarter. Wolf Hill Capital Management LP grew its position in Global X Copper Miners ETF by 92.6% in the 1st quarter. Wolf Hill Capital Management LP now owns 1,042,077 shares of the company’s stock worth $44,215,000 after purchasing an additional 501,120 shares during the period. OLD Mission Capital LLC raised its stake in Global X Copper Miners ETF by 362.4% during the 4th quarter. OLD Mission Capital LLC now owns 879,087 shares of the company’s stock valued at $32,966,000 after buying an additional 688,987 shares during the last quarter. BW Gestao de Investimentos Ltda. purchased a new position in shares of Global X Copper Miners ETF during the 1st quarter worth $36,914,000. Finally, Thrivent Financial for Lutherans increased its stake in shares of Global X Copper Miners ETF by 0.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 684,362 shares of the company’s stock worth $30,872,000 after purchasing an additional 3,615 shares in the last quarter.

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.