Advisory Alpha LLC Lowers Stock Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Advisory Alpha LLC reduced its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,508 shares of the company’s stock after selling 296 shares during the period. Advisory Alpha LLC’s holdings in Global X Copper Miners ETF were worth $363,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in COPX. Realta Investment Advisors purchased a new position in Global X Copper Miners ETF in the 3rd quarter worth approximately $25,000. West Oak Capital LLC lifted its holdings in Global X Copper Miners ETF by 478.3% in the 4th quarter. West Oak Capital LLC now owns 665 shares of the company’s stock worth $25,000 after purchasing an additional 550 shares in the last quarter. Allworth Financial LP lifted its holdings in Global X Copper Miners ETF by 524.0% in the 3rd quarter. Allworth Financial LP now owns 599 shares of the company’s stock worth $28,000 after purchasing an additional 503 shares in the last quarter. BFI Infinity Ltd. purchased a new position in Global X Copper Miners ETF in the 4th quarter worth approximately $214,000. Finally, AQR Capital Management LLC purchased a new position in Global X Copper Miners ETF in the 2nd quarter worth approximately $217,000.

Global X Copper Miners ETF Price Performance

NYSEARCA:COPX opened at $39.45 on Friday. Global X Copper Miners ETF has a 1 year low of $33.90 and a 1 year high of $52.90. The stock’s 50 day simple moving average is $40.59 and its two-hundred day simple moving average is $42.64. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21.

Global X Copper Miners ETF Company 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.