Barometer Capital Management Inc. Decreases Stock Position in Global X Copper Miners ETF $COPX

Barometer Capital Management Inc. lessened its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 75.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,100 shares of the company’s stock after selling 25,099 shares during the period. Barometer Capital Management Inc.’s holdings in Global X Copper Miners ETF were worth $618,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in COPX. Balefire LLC increased its stake in Global X Copper Miners ETF by 125.3% in the 4th quarter. Balefire LLC now owns 25,771 shares of the company’s stock worth $1,850,000 after acquiring an additional 14,335 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of Global X Copper Miners ETF during the 4th quarter valued at approximately $1,586,000. PCG Wealth Advisors LLC boosted 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 valued at $7,773,000 after acquiring an additional 41,947 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at $1,071,000. Finally, Revisor Wealth Management LLC purchased a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at $552,000.

Global X Copper Miners ETF Stock Performance

Shares of COPX opened at $78.24 on Wednesday. The company’s fifty day moving average is $81.61 and its 200 day moving average is $82.26. Global X Copper Miners ETF has a fifty-two week low of $41.94 and a fifty-two week high of $99.99. The stock has a market capitalization of $7.18 billion, a PE ratio of 18.04 and a beta of 1.08.

About Global X Copper Miners ETF

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.