Parsons Capital Management Inc. RI Sells 16,200 Shares of Global X Copper Miners ETF $COPX

Parsons Capital Management Inc. RI lowered its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 78.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,502 shares of the company’s stock after selling 16,200 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Global X Copper Miners ETF were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. WFA Asset Management Corp bought a new stake in Global X Copper Miners ETF during the second quarter valued at approximately $25,000. ORG Partners LLC boosted its stake in shares of Global X Copper Miners ETF by 4,320.0% during the 2nd quarter. ORG Partners LLC now owns 1,105 shares of the company’s stock worth $50,000 after acquiring an additional 1,080 shares during the last quarter. FWL Investment Management LLC boosted its stake in shares of Global X Copper Miners ETF by 43.2% during the 2nd quarter. FWL Investment Management LLC now owns 3,096 shares of the company’s stock worth $139,000 after acquiring an additional 934 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in shares of Global X Copper Miners ETF during the 2nd quarter valued at $158,000. Finally, CWM LLC increased its stake in shares of Global X Copper Miners ETF by 1,356.8% in the 2nd quarter. CWM LLC now owns 4,079 shares of the company’s stock worth $184,000 after purchasing an additional 3,799 shares in the last quarter.

Global X Copper Miners ETF Stock Performance

Shares of Global X Copper Miners ETF stock opened at $83.97 on Thursday. The stock has a market cap of $6.13 billion, a P/E ratio of 18.04 and a beta of 1.16. The stock’s fifty day moving average is $70.24 and its 200 day moving average is $58.90. Global X Copper Miners ETF has a one year low of $30.77 and a one year high of $85.58.

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.