Park Avenue Securities LLC Acquires New Shares in Global X Copper Miners ETF $COPX

Park Avenue Securities LLC purchased a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,547 shares of the company’s stock, valued at approximately $639,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC bought a new stake in Global X Copper Miners ETF in the 3rd quarter valued at approximately $296,000. Sigma Planning Corp bought a new stake in Global X Copper Miners ETF during the third quarter worth about $951,000. Valley National Advisers Inc. bought a new stake in Global X Copper Miners ETF during the third quarter worth about $1,209,000. Corecam Pte. Ltd. boosted its position in Global X Copper Miners ETF by 2.9% during the third quarter. Corecam Pte. Ltd. now owns 74,400 shares of the company’s stock valued at $6,302,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Citizens Financial Group Inc. RI acquired a new position in Global X Copper Miners ETF during the third quarter valued at approximately $282,000.

Global X Copper Miners ETF Stock Up 4.0%

COPX stock opened at $74.56 on Thursday. The company has a market cap of $6.50 billion, a price-to-earnings ratio of 18.04 and a beta of 1.12. Global X Copper Miners ETF has a twelve month low of $56.93 and a twelve month high of $99.99. The business has a 50 day moving average price of $84.21 and a two-hundred day moving average price of $83.35.

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.