Kingsview Wealth Management LLC Cuts Stock Holdings in Global X Copper Miners ETF $COPX

Kingsview Wealth Management LLC reduced its stake in Global X Copper Miners ETF (NYSEARCA:COPX) by 11.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 102,643 shares of the company’s stock after selling 13,799 shares during the period. Kingsview Wealth Management LLC owned approximately 0.12% of Global X Copper Miners ETF worth $7,369,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Global X Copper Miners ETF during the 4th quarter valued at about $30,000. Sunbelt Securities Inc. bought a new stake in shares of Global X Copper Miners ETF in the third quarter worth about $30,000. Caitlin John LLC purchased a new stake in shares of Global X Copper Miners ETF in the third quarter worth about $33,000. US Bancorp DE purchased a new stake in shares of Global X Copper Miners ETF in the third quarter worth about $60,000. Finally, AlphaCore Capital LLC boosted its stake in Global X Copper Miners ETF by 318.5% during the third quarter. AlphaCore Capital LLC now owns 1,088 shares of the company’s stock valued at $65,000 after buying an additional 828 shares during the last quarter.

Global X Copper Miners ETF Price Performance

NYSEARCA COPX opened at $88.44 on Friday. Global X Copper Miners ETF has a 1-year low of $40.55 and a 1-year high of $99.99. The business has a 50 day simple moving average of $81.10 and a two-hundred day simple moving average of $78.44. The stock has a market capitalization of $8.29 billion, a PE ratio of 18.04 and a beta of 1.03.

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.