Renaissance Technologies LLC Takes Position in Global X Copper Miners ETF $COPX

Renaissance Technologies LLC purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 33,297 shares of the company’s stock, valued at approximately $2,542,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Modern Wealth Management LLC grew its position in Global X Copper Miners ETF by 3.9% in the 1st quarter. Modern Wealth Management LLC now owns 4,690 shares of the company’s stock worth $367,000 after purchasing an additional 177 shares in the last quarter. Capula Management Ltd bought a new position in shares of Global X Copper Miners ETF during the 1st quarter worth approximately $2,046,000. Bank of Nova Scotia bought a new position in shares of Global X Copper Miners ETF during the 1st quarter worth approximately $767,000. Group One Trading LLC boosted its stake in shares of Global X Copper Miners ETF by 215.3% in the 1st quarter. Group One Trading LLC now owns 306,186 shares of the company’s stock worth $23,377,000 after buying an additional 209,064 shares during the last quarter. Finally, Lido Advisors LLC purchased a new position in shares of Global X Copper Miners ETF in the 1st quarter worth approximately $306,000.

Global X Copper Miners ETF Price Performance

COPX stock opened at $88.03 on Monday. The firm has a market cap of $8.16 billion, a PE ratio of 18.04 and a beta of 1.07. The business has a 50 day moving average of $80.44 and a 200-day moving average of $82.50. Global X Copper Miners ETF has a 12-month low of $45.36 and a 12-month high of $99.99.

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.