Lowe Wealth Advisors LLC Grows Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Lowe Wealth Advisors LLC lifted its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 49.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,172 shares of the company’s stock after purchasing an additional 17,930 shares during the quarter. Global X Copper Miners ETF comprises about 0.9% of Lowe Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. Lowe Wealth Advisors LLC’s holdings in Global X Copper Miners ETF were worth $2,117,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in Global X Copper Miners ETF during the fourth quarter worth about $55,000. Creative Financial Designs Inc. ADV acquired a new stake in Global X Copper Miners ETF in the fourth quarter valued at approximately $60,000. IFP Advisors Inc increased its stake in Global X Copper Miners ETF by 166.7% in the fourth quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock valued at $61,000 after purchasing an additional 1,000 shares during the last quarter. Angeles Wealth Management LLC acquired a new stake in Global X Copper Miners ETF during the fourth quarter worth approximately $84,000. Finally, FWL Investment Management LLC raised its holdings in Global X Copper Miners ETF by 13,775.0% during the fourth quarter. FWL Investment Management LLC now owns 2,220 shares of the company’s stock worth $85,000 after purchasing an additional 2,204 shares in the last quarter.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $41.24 on Friday. The stock has a market capitalization of $2.07 billion, a P/E ratio of 14.56 and a beta of 1.18. The company’s fifty day moving average is $38.28 and its two-hundred day moving average is $39.67. Global X Copper Miners ETF has a 1 year low of $30.77 and a 1 year high of $48.96.

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.