WT Wealth Management Takes $319,000 Position in Global X Copper Miners ETF (NYSEARCA:COPX)

WT Wealth Management purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 4th quarter, HoldingsChannel reports. The fund purchased 8,362 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds also recently modified their holdings of COPX. Barclays PLC grew its holdings in shares of Global X Copper Miners ETF by 245.8% in the 3rd quarter. Barclays PLC now owns 122,780 shares of the company’s stock worth $5,804,000 after acquiring an additional 87,278 shares during the last quarter. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of Global X Copper Miners ETF in the third quarter worth $4,047,000. Lake Hills Wealth Management LLC acquired a new stake in shares of Global X Copper Miners ETF in the fourth quarter worth $2,073,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Global X Copper Miners ETF by 113.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,084 shares of the company’s stock worth $3,407,000 after buying an additional 38,304 shares during the period. Finally, Ibex Wealth Advisors acquired a new stake in shares of Global X Copper Miners ETF in the fourth quarter worth $1,203,000.

Global X Copper Miners ETF Stock Up 0.7 %

Shares of Global X Copper Miners ETF stock opened at $39.40 on Thursday. The stock has a market cap of $2.66 billion, a PE ratio of 16.59 and a beta of 1.35. The business has a fifty day simple moving average of $39.57 and a 200-day simple moving average of $42.05. Global X Copper Miners ETF has a 12 month low of $35.49 and a 12 month 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.