124,477 Shares in Global X Copper Miners ETF $COPX Acquired by Red Cedar Investment Management LLC

Red Cedar Investment Management LLC bought a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 124,477 shares of the company’s stock, valued at approximately $8,936,000. Global X Copper Miners ETF accounts for approximately 1.0% of Red Cedar Investment Management LLC’s portfolio, making the stock its 24th largest position.

Several other institutional investors also recently bought and sold shares of COPX. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Global X Copper Miners ETF by 359,496.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock worth $15,568,253,000 after purchasing an additional 216,797,938 shares during the period. JPMorgan Chase & Co. increased its stake in Global X Copper Miners ETF by 507.7% in the third quarter. JPMorgan Chase & Co. now owns 4,618,057 shares of the company’s stock valued at $276,206,000 after purchasing an additional 3,858,174 shares during the last quarter. Bank of Nova Scotia purchased a new position in Global X Copper Miners ETF during the third quarter worth about $92,947,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Global X Copper Miners ETF in the 4th quarter worth about $56,244,000. Finally, Bank of America Corp DE boosted its stake in Global X Copper Miners ETF by 120.2% in the 3rd quarter. Bank of America Corp DE now owns 1,088,621 shares of the company’s stock worth $65,110,000 after buying an additional 594,279 shares during the last quarter.

Global X Copper Miners ETF Price Performance

COPX opened at $80.14 on Wednesday. Global X Copper Miners ETF has a 12 month low of $41.51 and a 12 month high of $99.99. The business has a 50-day moving average of $83.36 and a two-hundred day moving average of $79.89. The stock has a market capitalization of $7.51 billion, a price-to-earnings ratio of 18.04 and a beta of 1.04.

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.