PCG Wealth Advisors LLC Has $7.77 Million Stock Position in Global X Copper Miners ETF $COPX

PCG Wealth Advisors LLC boosted its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 63.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 108,278 shares of the company’s stock after buying an additional 41,947 shares during the quarter. Global X Copper Miners ETF accounts for 2.2% of PCG Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. PCG Wealth Advisors LLC’s holdings in Global X Copper Miners ETF were worth $7,773,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of COPX. JPMorgan Chase & Co. grew its holdings in shares of Global X Copper Miners ETF by 507.7% during the third quarter. JPMorgan Chase & Co. now owns 4,618,057 shares of the company’s stock worth $276,206,000 after purchasing an additional 3,858,174 shares in the last quarter. Bank of Nova Scotia bought a new stake in Global X Copper Miners ETF during the third quarter valued at approximately $92,947,000. Bank of America Corp DE lifted its position in Global X Copper Miners ETF by 120.2% during the third quarter. Bank of America Corp DE now owns 1,088,621 shares of the company’s stock valued at $65,110,000 after purchasing an additional 594,279 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Global X Copper Miners ETF in the 4th quarter worth approximately $56,244,000. Finally, Wealth High Governance Capital Ltda purchased a new position in Global X Copper Miners ETF in the 3rd quarter worth approximately $32,297,000.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA:COPX opened at $89.38 on Friday. The company’s fifty day moving average price is $80.55 and its 200-day moving average price is $76.82. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 18.04 and a beta of 1.03. Global X Copper Miners ETF has a one year low of $39.04 and a one year 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.