Investors Buy High Volume of Call Options on United States Copper Index Fund (NYSEARCA:CPER)

United States Copper Index Fund (NYSEARCA:CPER) was the recipient of unusually large options trading on Monday. Traders bought 12,401 call options on the company. This is an increase of 193% compared to the typical volume of 4,230 call options.

United States Copper Index Fund Stock Up 0.8%

Shares of NYSEARCA:CPER traded up $0.30 during midday trading on Monday, reaching $36.82. 1,592,454 shares of the company traded hands, compared to its average volume of 1,488,550. The firm’s fifty day moving average price is $34.00 and its two-hundred day moving average price is $31.61. The firm has a market capitalization of $655.40 million, a price-to-earnings ratio of 3.31 and a beta of 0.52. United States Copper Index Fund has a 12 month low of $25.65 and a 12 month high of $37.51.

Institutional Investors Weigh In On United States Copper Index Fund

A number of institutional investors and hedge funds have recently modified their holdings of CPER. Arkadios Wealth Advisors grew its stake in United States Copper Index Fund by 24.1% during the third quarter. Arkadios Wealth Advisors now owns 140,031 shares of the company’s stock valued at $4,201,000 after acquiring an additional 27,154 shares in the last quarter. HITE Hedge Asset Management LLC bought a new position in United States Copper Index Fund in the 3rd quarter valued at $3,900,000. Brookwood Investment Group LLC grew its position in shares of United States Copper Index Fund by 24.5% during the 4th quarter. Brookwood Investment Group LLC now owns 126,086 shares of the company’s stock valued at $4,408,000 after purchasing an additional 24,779 shares in the last quarter. EHP Funds Inc. purchased a new stake in shares of United States Copper Index Fund in the third quarter worth $3,330,000. Finally, Ameriprise Financial Inc. boosted its stake in United States Copper Index Fund by 259.4% during the third quarter. Ameriprise Financial Inc. now owns 101,677 shares of the company’s stock valued at $3,051,000 after buying an additional 73,383 shares during the period.

United States Copper Index Fund Company Profile

The United States Copper Index Fund, LP (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is managed by US Commodity Funds.