Global X Copper Miners ETF $COPX Shares Sold by Valence8 US LP

Valence8 US LP lessened its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 26.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,018 shares of the company’s stock after selling 13,248 shares during the quarter. Global X Copper Miners ETF accounts for about 1.0% of Valence8 US LP’s holdings, making the stock its 14th biggest position. Valence8 US LP’s holdings in Global X Copper Miners ETF were worth $2,826,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X Copper Miners ETF by 359,496.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock valued at $15,568,253,000 after buying an additional 216,797,938 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in Global X Copper Miners ETF by 197.4% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,290,355 shares of the company’s stock worth $174,869,000 after acquiring an additional 1,520,355 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Global X Copper Miners ETF by 16.6% in the fourth quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock valued at $386,550,000 after acquiring an additional 766,399 shares during the period. PointState Capital LP acquired a new stake in Global X Copper Miners ETF in the fourth quarter valued at $54,012,000. Finally, FIL Ltd boosted its position in shares of Global X Copper Miners ETF by 71.4% during the 4th quarter. FIL Ltd now owns 1,583,170 shares of the company’s stock worth $114,491,000 after purchasing an additional 659,497 shares in the last quarter.

Global X Copper Miners ETF Stock Down 0.8%

NYSEARCA:COPX opened at $77.72 on Friday. Global X Copper Miners ETF has a fifty-two week low of $41.94 and a fifty-two week high of $99.99. The stock has a market cap of $7.13 billion, a PE ratio of 18.04 and a beta of 1.08. The firm’s fifty day simple moving average is $81.04 and its 200-day simple moving average is $82.32.

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.