Cumberland Partners Ltd Invests $1.08 Million in Global X Copper Miners ETF $COPX

Cumberland Partners Ltd bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,000 shares of the company’s stock, valued at approximately $1,077,000.

Several other institutional investors and hedge funds have also made changes to their positions in COPX. Qube Research & Technologies Ltd lifted its position in shares of Global X Copper Miners ETF by 3,106.0% during the second quarter. Qube Research & Technologies Ltd now owns 41,357 shares of the company’s stock worth $1,861,000 after purchasing an additional 40,067 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Global X Copper Miners ETF by 11.1% during the second quarter. Raymond James Financial Inc. now owns 71,656 shares of the company’s stock worth $3,225,000 after purchasing an additional 7,160 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Global X Copper Miners ETF by 13.1% during the second quarter. Ameriprise Financial Inc. now owns 255,960 shares of the company’s stock worth $11,519,000 after purchasing an additional 29,596 shares during the last quarter. Great Valley Advisor Group Inc. bought a new stake in shares of Global X Copper Miners ETF during the second quarter worth $202,000. Finally, Snowden Capital Advisors LLC bought a new stake in shares of Global X Copper Miners ETF during the second quarter worth $279,000.

Global X Copper Miners ETF Trading Up 0.4%

NYSEARCA:COPX opened at $83.35 on Friday. Global X Copper Miners ETF has a twelve month low of $40.23 and a twelve month high of $99.99. The company has a market cap of $7.81 billion, a price-to-earnings ratio of 18.04 and a beta of 1.03. The stock has a fifty day simple moving average of $80.44 and a 200-day simple moving average of $77.57.

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.