Bayshore Capital Advisors LLC bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 75,138 shares of the company’s stock, valued at approximately $6,364,000. Global X Copper Miners ETF accounts for 3.3% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 7th largest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Groupe la Francaise raised its stake in Global X Copper Miners ETF by 67.4% in the second quarter. Groupe la Francaise now owns 385 shares of the company’s stock valued at $30,000 after buying an additional 155 shares during the last quarter. Modern Wealth Management LLC grew its position in shares of Global X Copper Miners ETF by 3.9% during the first quarter. Modern Wealth Management LLC now owns 4,690 shares of the company’s stock worth $367,000 after buying an additional 177 shares in the last quarter. Lunt Capital Management Inc. boosted its holdings in shares of Global X Copper Miners ETF by 6.6% in the third quarter. Lunt Capital Management Inc. now owns 2,892 shares of the company’s stock valued at $245,000 after acquiring an additional 178 shares in the last quarter. Lifetime Wealth Management P.C. lifted its holdings in shares of Global X Copper Miners ETF by 4.1% during the 3rd quarter. Lifetime Wealth Management P.C. now owns 5,663 shares of the company’s stock valued at $480,000 after buying an additional 225 shares during the last quarter. Finally, Tactive Advisors LLC raised its stake in Global X Copper Miners ETF by 1.0% during the second quarter. Tactive Advisors LLC now owns 24,695 shares of the company’s stock worth $1,901,000 after acquiring an additional 245 shares in the last quarter.
Global X Copper Miners ETF Price Performance
Shares of NYSEARCA COPX opened at $71.25 on Friday. The stock’s fifty day moving average price is $83.20 and its two-hundred day moving average price is $83.25. Global X Copper Miners ETF has a one year low of $56.93 and a one year high of $99.99. The firm has a market cap of $5.97 billion, a price-to-earnings ratio of 18.04 and a beta of 1.12.
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.
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