Buffington Mohr McNeal Invests $300,000 in Global X Copper Miners ETF (NYSEARCA:COPX)

Buffington Mohr McNeal purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,000 shares of the company’s stock, valued at approximately $300,000.

A number of other large investors have also added to or reduced their stakes in COPX. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Global X Copper Miners ETF by 22.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,701,284 shares of the company’s stock valued at $101,298,000 after acquiring an additional 502,497 shares during the period. Morgan Stanley lifted its stake in Global X Copper Miners ETF by 37.8% in the third quarter. Morgan Stanley now owns 1,209,687 shares of the company’s stock valued at $44,045,000 after purchasing an additional 331,670 shares during the last quarter. Mackenzie Financial Corp grew its holdings in Global X Copper Miners ETF by 5.9% during the first quarter. Mackenzie Financial Corp now owns 850,045 shares of the company’s stock valued at $38,686,000 after purchasing an additional 47,585 shares during the period. Bank of America Corp DE increased its position in Global X Copper Miners ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 574,365 shares of the company’s stock worth $22,234,000 after buying an additional 101,086 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Global X Copper Miners ETF by 125.8% in the second quarter. Jane Street Group LLC now owns 451,832 shares of the company’s stock valued at $13,727,000 after buying an additional 251,699 shares during the period.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA COPX traded down $0.71 during trading on Tuesday, reaching $45.10. 1,132,650 shares of the stock traded hands, compared to its average volume of 1,028,969. The stock has a market capitalization of $2.07 billion, a P/E ratio of 11.74 and a beta of 1.25. Global X Copper Miners ETF has a 52-week low of $31.65 and a 52-week high of $47.25. The company has a 50-day moving average of $39.43 and a 200-day moving average of $36.74.

Global X Copper Miners ETF 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.