Global X Copper Miners ETF (NYSEARCA:COPX) is Legend Financial Advisors Inc.’s 5th Largest Position

Legend Financial Advisors Inc. increased its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 4.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,239 shares of the company’s stock after acquiring an additional 8,452 shares during the period. Global X Copper Miners ETF comprises 6.6% of Legend Financial Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Legend Financial Advisors Inc. owned approximately 0.46% of Global X Copper Miners ETF worth $9,048,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. lifted its stake in Global X Copper Miners ETF by 11.0% during the 4th quarter. Riggs Asset Managment Co. Inc. now owns 4,617 shares of the company’s stock worth $173,000 after acquiring an additional 457 shares in the last quarter. Pekin Hardy Strauss Inc. raised its position in Global X Copper Miners ETF by 5.1% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 9,715 shares of the company’s stock valued at $364,000 after purchasing an additional 470 shares in the last quarter. Private Advisor Group LLC raised its position in Global X Copper Miners ETF by 6.1% in the 4th quarter. Private Advisor Group LLC now owns 8,769 shares of the company’s stock valued at $329,000 after purchasing an additional 505 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in Global X Copper Miners ETF in the 4th quarter valued at about $27,000. Finally, Wealthspan Partners LLC raised its position in Global X Copper Miners ETF by 8.7% in the 4th quarter. Wealthspan Partners LLC now owns 13,683 shares of the company’s stock valued at $513,000 after purchasing an additional 1,100 shares in the last quarter.

Global X Copper Miners ETF Stock Performance

COPX stock traded up $0.04 during mid-day trading on Friday, reaching $45.11. The company had a trading volume of 1,045,006 shares, compared to its average volume of 1,269,702. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. The firm has a fifty day simple moving average of $46.96 and a 200 day simple moving average of $41.51. Global X Copper Miners ETF has a fifty-two week low of $31.65 and a fifty-two week high of $52.90.

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.