Tradewinds LLC. Cuts Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Tradewinds LLC. decreased its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 16.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,647 shares of the company’s stock after selling 3,525 shares during the period. Tradewinds LLC.’s holdings in Global X Copper Miners ETF were worth $834,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in COPX. Realta Investment Advisors bought a new stake in shares of Global X Copper Miners ETF in the 3rd quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Global X Copper Miners ETF during the second quarter valued at about $27,000. Allworth Financial LP boosted its position in Global X Copper Miners ETF by 524.0% during the third quarter. Allworth Financial LP now owns 599 shares of the company’s stock valued at $28,000 after buying an additional 503 shares during the period. Baldwin Brothers LLC MA bought a new position in shares of Global X Copper Miners ETF during the second quarter valued at about $50,000. Finally, Aptus Capital Advisors LLC increased its holdings in shares of Global X Copper Miners ETF by 25.2% in the second quarter. Aptus Capital Advisors LLC now owns 2,064 shares of the company’s stock worth $93,000 after buying an additional 415 shares during the period.

Global X Copper Miners ETF Price Performance

Shares of COPX stock opened at $42.49 on Thursday. The business has a 50-day moving average of $44.73 and a 200 day moving average of $44.76. Global X Copper Miners ETF has a 1-year low of $33.83 and a 1-year high of $52.90. The stock has a market capitalization of $2.00 billion, a PE ratio of 11.68 and a beta of 1.21.

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.