Fielder Capital Group LLC Makes New $11.06 Million Investment in Global X Copper Miners ETF (NYSEARCA:COPX)

Fielder Capital Group LLC purchased a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 295,035 shares of the company’s stock, valued at approximately $11,064,000. Global X Copper Miners ETF accounts for 6.7% of Fielder Capital Group LLC’s investment portfolio, making the stock its 2nd largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Private Advisor Group LLC increased its holdings in shares of Global X Copper Miners ETF by 6.1% during the 4th quarter. Private Advisor Group LLC now owns 8,769 shares of the company’s stock worth $329,000 after buying an additional 505 shares during the last quarter. Pekin Hardy Strauss Inc. increased its stake in Global X Copper Miners ETF by 5.1% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 9,715 shares of the company’s stock worth $364,000 after acquiring an additional 470 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Global X Copper Miners ETF by 46.0% in the 4th quarter. Truist Financial Corp now owns 12,700 shares of the company’s stock worth $476,000 after purchasing an additional 4,000 shares during the period. Simplex Trading LLC lifted its stake in shares of Global X Copper Miners ETF by 195.0% in the 4th quarter. Simplex Trading LLC now owns 3,475 shares of the company’s stock valued at $130,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Glenorchy Capital Ltd purchased a new stake in shares of Global X Copper Miners ETF during the 4th quarter worth about $1,310,000.

Global X Copper Miners ETF Trading Up 0.1 %

COPX traded up $0.06 during trading on Tuesday, hitting $47.41. 1,357,770 shares of the company’s stock were exchanged, compared to its average volume of 1,071,027. The stock has a 50 day moving average price of $42.58 and a 200 day moving average price of $37.90. Global X Copper Miners ETF has a 1 year low of $31.65 and a 1 year high of $48.06. The firm has a market cap of $2.23 billion, a P/E ratio of 11.68 and a beta of 1.21.

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.