Polymer Capital Management HK LTD Has $9.22 Million Stock Position in Global X Copper Miners ETF $COPX

Polymer Capital Management HK LTD grew its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 326.8% during the 4th quarter, Holdings Channel reports. The firm owned 128,459 shares of the company’s stock after buying an additional 98,359 shares during the period. Global X Copper Miners ETF comprises about 1.3% of Polymer Capital Management HK LTD’s investment portfolio, making the stock its 18th biggest position. Polymer Capital Management HK LTD’s holdings in Global X Copper Miners ETF were worth $9,222,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Balefire LLC increased its position in shares of Global X Copper Miners ETF by 125.3% during the 4th quarter. Balefire LLC now owns 25,771 shares of the company’s stock worth $1,850,000 after purchasing an additional 14,335 shares during the last quarter. Black Swift Group LLC increased its holdings in shares of Global X Copper Miners ETF by 124.3% during the 3rd quarter. Black Swift Group LLC now owns 117,720 shares of the company’s stock worth $7,041,000 after acquiring an additional 65,245 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $1,586,000. Flagship Harbor Advisors LLC acquired a new position in shares of Global X Copper Miners ETF during the 4th quarter worth approximately $1,071,000. Finally, PCG Wealth Advisors LLC increased its holdings 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 worth $7,773,000 after acquiring an additional 41,947 shares during the last quarter.

Global X Copper Miners ETF Trading Up 3.4%

COPX stock opened at $85.97 on Friday. The firm has a market capitalization of $8.06 billion, a PE ratio of 18.04 and a beta of 1.04. Global X Copper Miners ETF has a 1-year low of $41.51 and a 1-year high of $99.99. The business’s 50 day simple moving average is $83.79 and its 200 day simple moving average is $80.24.

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.