Glenorchy Capital Ltd Takes $1.31 Million Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Glenorchy Capital Ltd acquired a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 34,941 shares of the company’s stock, valued at approximately $1,310,000. Glenorchy Capital Ltd owned 0.09% of Global X Copper Miners ETF as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Global X Copper Miners ETF by 32.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,198,787 shares of the company’s stock worth $80,058,000 after acquiring an additional 536,689 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in shares of Global X Copper Miners ETF in the third quarter worth $9,107,000. Valence8 US LP boosted its position in shares of Global X Copper Miners ETF by 114.3% in the third quarter. Valence8 US LP now owns 170,673 shares of the company’s stock worth $6,214,000 after buying an additional 91,047 shares during the period. LPL Financial LLC boosted its position in shares of Global X Copper Miners ETF by 35.6% in the third quarter. LPL Financial LLC now owns 291,942 shares of the company’s stock worth $10,630,000 after buying an additional 76,714 shares during the period. Finally, Inspire Advisors LLC boosted its position in shares of Global X Copper Miners ETF by 216.7% in the third quarter. Inspire Advisors LLC now owns 62,519 shares of the company’s stock worth $2,276,000 after buying an additional 42,779 shares during the period.

Global X Copper Miners ETF Stock Performance

Shares of NYSEARCA:COPX traded down $0.83 during midday trading on Tuesday, hitting $44.40. 1,624,063 shares of the stock were exchanged, compared to its average volume of 1,060,432. Global X Copper Miners ETF has a 52-week low of $31.65 and a 52-week high of $47.25. The business’s fifty day simple moving average is $40.68 and its two-hundred day simple moving average is $37.18. The company has a market capitalization of $2.04 billion, a PE ratio of 11.74 and a beta of 1.25.

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.