Global X Copper Miners ETF (NYSEARCA:COPX) Reaches New 12-Month High at $47.29

Global X Copper Miners ETF (NYSEARCA:COPX)’s share price reached a new 52-week high on Friday . The stock traded as high as $47.29 and last traded at $47.19, with a volume of 1105836 shares. The stock had previously closed at $45.98.

Global X Copper Miners ETF Stock Performance

The company has a market capitalization of $2.18 billion, a P/E ratio of 11.74 and a beta of 1.25. The stock’s fifty day moving average price is $41.09 and its 200-day moving average price is $37.29.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in COPX. OLD Mission Capital LLC raised its holdings in Global X Copper Miners ETF by 362.4% in the 4th quarter. OLD Mission Capital LLC now owns 879,087 shares of the company’s stock valued at $32,966,000 after acquiring an additional 688,987 shares during the period. Wolf Hill Capital Management LP bought a new position in shares of Global X Copper Miners ETF during the fourth quarter worth approximately $20,286,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in 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 purchasing an additional 536,689 shares during the last quarter. Fielder Capital Group LLC bought a new stake in Global X Copper Miners ETF in the 4th quarter valued at $11,064,000. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in Global X Copper Miners ETF in the 3rd quarter valued at $9,107,000.

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.