Lake Hills Wealth Management LLC Buys New Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Lake Hills Wealth Management LLC acquired a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 54,295 shares of the company’s stock, valued at approximately $2,073,000. Global X Copper Miners ETF accounts for 1.4% of Lake Hills Wealth Management LLC’s holdings, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Truist Financial Corp grew its holdings in shares of Global X Copper Miners ETF by 2.9% during the 2nd quarter. Truist Financial Corp now owns 13,070 shares of the company’s stock worth $590,000 after acquiring an additional 370 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Global X Copper Miners ETF by 8.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 5,190 shares of the company’s stock worth $234,000 after purchasing an additional 384 shares during the last quarter. National Bank of Canada FI increased its position in shares of Global X Copper Miners ETF by 0.7% during the 3rd quarter. National Bank of Canada FI now owns 57,871 shares of the company’s stock valued at $2,736,000 after purchasing an additional 405 shares during the last quarter. Pekin Hardy Strauss Inc. raised its holdings in Global X Copper Miners ETF by 3.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 12,952 shares of the company’s stock worth $612,000 after purchasing an additional 450 shares during the period. Finally, Allworth Financial LP lifted its holdings 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 purchasing an additional 503 shares in the last quarter.

Global X Copper Miners ETF Trading Down 2.8 %

Shares of COPX opened at $39.21 on Thursday. The company has a market capitalization of $1.84 billion, a PE ratio of 11.68 and a beta of 1.21. The business’s 50 day moving average is $40.62 and its 200 day moving average is $42.67. Global X Copper Miners ETF has a 12-month low of $33.90 and a 12-month high of $52.90.

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.