Independent Financial Group LLC Buys New Shares in Global X Copper Miners ETF $COPX

Independent Financial Group LLC purchased a new stake in Global X Copper Miners ETF (NYSEARCA:COPX) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 9,122 shares of the company’s stock, valued at approximately $696,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Balefire LLC boosted its position in Global X Copper Miners ETF by 125.3% during the fourth quarter. Balefire LLC now owns 25,771 shares of the company’s stock valued at $1,850,000 after purchasing an additional 14,335 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $1,586,000. PCG Wealth Advisors LLC increased its position in shares of Global X Copper Miners ETF by 63.2% during the 4th quarter. PCG Wealth Advisors LLC now owns 108,278 shares of the company’s stock worth $7,773,000 after purchasing an additional 41,947 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $1,071,000. Finally, Revisor Wealth Management LLC bought a new stake in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $552,000.

Global X Copper Miners ETF Trading Up 5.9%

NYSEARCA COPX opened at $78.24 on Wednesday. The company has a market cap of $7.18 billion, a PE ratio of 18.04 and a beta of 1.08. Global X Copper Miners ETF has a 12 month low of $41.94 and a 12 month high of $99.99. The stock has a 50 day moving average of $81.61 and a 200-day moving average of $82.26.

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.