Global X Copper Miners ETF (NYSEARCA:COPX) Shares Acquired by Inspire Advisors LLC

Inspire Advisors LLC grew its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 1.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 54,928 shares of the company’s stock after buying an additional 640 shares during the period. Inspire Advisors LLC’s holdings in Global X Copper Miners ETF were worth $2,097,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Oppenheimer & Co. Inc. boosted its holdings in Global X Copper Miners ETF by 17.8% in the fourth quarter. Oppenheimer & Co. Inc. now owns 8,840 shares of the company’s stock worth $338,000 after acquiring an additional 1,333 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Global X Copper Miners ETF by 173.7% in the fourth quarter. SG Americas Securities LLC now owns 40,424 shares of the company’s stock worth $1,543,000 after purchasing an additional 25,657 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Global X Copper Miners ETF by 166.7% in the fourth quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock worth $61,000 after purchasing an additional 1,000 shares during the last quarter. Pettinga Financial Advisors LLC raised its stake in shares of Global X Copper Miners ETF by 17.5% in the third quarter. Pettinga Financial Advisors LLC now owns 20,170 shares of the company’s stock worth $953,000 after purchasing an additional 3,005 shares during the last quarter. Finally, Great Valley Advisor Group Inc. purchased a new position in shares of Global X Copper Miners ETF in the third quarter worth about $240,000.

Global X Copper Miners ETF Stock Down 3.4 %

Shares of NYSEARCA:COPX opened at $38.61 on Tuesday. Global X Copper Miners ETF has a 52-week low of $36.78 and a 52-week high of $52.90. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 16.59 and a beta of 1.35. The business has a 50-day moving average price of $39.56 and a 200-day moving average price of $41.88.

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.