Northwestern Mutual Wealth Management Co. Grows Stock Holdings in Global X Copper Miners ETF $COPX

Northwestern Mutual Wealth Management Co. boosted its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,210 shares of the company’s stock after purchasing an additional 5,904 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.08% of Global X Copper Miners ETF worth $4,753,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Global X Copper Miners ETF by 507.7% in the third quarter. JPMorgan Chase & Co. now owns 4,618,057 shares of the company’s stock valued at $276,206,000 after purchasing an additional 3,858,174 shares during the period. Bank of Nova Scotia acquired a new stake in Global X Copper Miners ETF in the third quarter valued at about $92,947,000. Bank of America Corp DE lifted its position in Global X Copper Miners ETF by 120.2% in the third quarter. Bank of America Corp DE now owns 1,088,621 shares of the company’s stock valued at $65,110,000 after purchasing an additional 594,279 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Global X Copper Miners ETF in the fourth quarter valued at about $56,244,000. Finally, Wealth High Governance Capital Ltda acquired a new stake in Global X Copper Miners ETF in the third quarter valued at about $32,297,000.

Global X Copper Miners ETF Stock Down 3.6%

Shares of NYSEARCA:COPX opened at $90.25 on Thursday. The company has a market cap of $8.46 billion, a P/E ratio of 18.04 and a beta of 1.03. Global X Copper Miners ETF has a 52 week low of $41.51 and a 52 week high of $99.99. The company has a 50-day moving average price of $82.54 and a 200 day moving average price of $79.24.

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.