NewEdge Advisors LLC Cuts Position in Global X Copper Miners ETF $COPX

NewEdge Advisors LLC decreased its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 37.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,744 shares of the company’s stock after selling 6,511 shares during the quarter. NewEdge Advisors LLC’s holdings in Global X Copper Miners ETF were worth $820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in Global X Copper Miners ETF by 359,496.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock worth $15,568,253,000 after purchasing an additional 216,797,938 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Global X Copper Miners ETF by 16.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock valued at $386,550,000 after purchasing an additional 766,399 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Global X Copper Miners ETF by 4.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,777,913 shares of the company’s stock valued at $271,217,000 after purchasing an additional 148,930 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Global X Copper Miners ETF by 197.4% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,290,355 shares of the company’s stock worth $174,869,000 after buying an additional 1,520,355 shares in the last quarter. Finally, FIL Ltd grew its stake in shares of Global X Copper Miners ETF by 71.4% in the 4th quarter. FIL Ltd now owns 1,583,170 shares of the company’s stock worth $114,491,000 after buying an additional 659,497 shares in the last quarter.

Global X Copper Miners ETF Stock Up 3.2%

Global X Copper Miners ETF stock opened at $88.28 on Thursday. The company’s 50-day moving average price is $80.74 and its 200-day moving average price is $82.50. The company has a market cap of $8.19 billion, a PE ratio of 18.04 and a beta of 1.07. Global X Copper Miners ETF has a twelve month low of $45.96 and a twelve month high of $99.99.

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.