Valley National Advisers Inc. Acquires New Holdings in Global X Copper Miners ETF $COPX

Valley National Advisers Inc. bought a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,270 shares of the company’s stock, valued at approximately $1,209,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of COPX. Corecam Pte. Ltd. grew its holdings in shares of Global X Copper Miners ETF by 2.9% in the third quarter. Corecam Pte. Ltd. now owns 74,400 shares of the company’s stock valued at $6,302,000 after purchasing an additional 2,100 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new stake in Global X Copper Miners ETF during the third quarter valued at $282,000. NTV Asset Management LLC purchased a new stake in Global X Copper Miners ETF during the third quarter valued at $635,000. Manchester Capital Management LLC bought a new position in Global X Copper Miners ETF during the third quarter valued at $38,000. Finally, Client First Capital LLC bought a new position in Global X Copper Miners ETF during the third quarter valued at $1,645,000.

Global X Copper Miners ETF Price Performance

COPX stock opened at $73.09 on Monday. Global X Copper Miners ETF has a 52 week low of $56.93 and a 52 week high of $99.99. The firm has a market capitalization of $6.26 billion, a P/E ratio of 18.04 and a beta of 1.10. The company has a fifty day simple moving average of $86.87 and a two-hundred day simple moving average of $83.87.

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.