Global X Copper Miners ETF (NYSEARCA:COPX) Shares Gap Up to $47.22

Global X Copper Miners ETF (NYSEARCA:COPXGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $47.22, but opened at $48.52. Global X Copper Miners ETF shares last traded at $48.33, with a volume of 147,349 shares traded.

Global X Copper Miners ETF Stock Performance

The company has a 50 day simple moving average of $47.07 and a two-hundred day simple moving average of $41.74. The firm has a market cap of $2.25 billion, a PE ratio of 11.68 and a beta of 1.21.

Hedge Funds Weigh In On Global X Copper Miners ETF

Institutional investors have recently bought and sold shares of the business. Gotham Asset Management LLC acquired a new stake in Global X Copper Miners ETF during the third quarter worth about $798,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of Global X Copper Miners ETF by 7.7% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 18,358 shares of the company’s stock valued at $668,000 after purchasing an additional 1,305 shares in the last quarter. Citigroup Inc. lifted its stake in shares of Global X Copper Miners ETF by 451.8% in the 3rd quarter. Citigroup Inc. now owns 7,560 shares of the company’s stock valued at $275,000 after purchasing an additional 6,190 shares during the period. Lowe Wealth Advisors LLC grew its position in Global X Copper Miners ETF by 13.3% during the fourth quarter. Lowe Wealth Advisors LLC now owns 15,096 shares of the company’s stock valued at $566,000 after buying an additional 1,775 shares during the period. Finally, Lionsbridge Wealth Management LLC acquired a new stake in Global X Copper Miners ETF during the fourth quarter valued at $846,000.

About Global X Copper Miners ETF

(Get Free Report)

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.

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