MFA Wealth Advisors LLC Grows Stock Holdings in Global X Copper Miners ETF $COPX

MFA Wealth Advisors LLC boosted its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 142.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 130,681 shares of the company’s stock after purchasing an additional 76,784 shares during the period. Global X Copper Miners ETF comprises about 1.3% of MFA Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position. MFA Wealth Advisors LLC’s holdings in Global X Copper Miners ETF were worth $11,069,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Lake Hills Wealth Management LLC boosted its holdings in Global X Copper Miners ETF by 1.2% in the 3rd quarter. Lake Hills Wealth Management LLC now owns 55,006 shares of the company’s stock worth $4,659,000 after buying an additional 630 shares during the period. Juncture Wealth Strategies LLC bought a new stake in Global X Copper Miners ETF in the 3rd quarter worth approximately $2,304,000. CapWealth Advisors LLC purchased a new stake in Global X Copper Miners ETF during the third quarter valued at $629,000. Polaris Financial Partners purchased a new stake in shares of Global X Copper Miners ETF during the 3rd quarter valued at about $43,000. Finally, Stonebridge Financial Group LLC lifted its stake in shares of Global X Copper Miners ETF by 6.1% in the 3rd quarter. Stonebridge Financial Group LLC now owns 68,474 shares of the company’s stock valued at $5,800,000 after purchasing an additional 3,967 shares during the last quarter.

Global X Copper Miners ETF Stock Performance

NYSEARCA COPX traded down $2.70 on Wednesday, hitting $83.58. 1,989,015 shares of the stock were exchanged, compared to its average volume of 4,087,979. Global X Copper Miners ETF has a 52-week low of $56.93 and a 52-week high of $99.99. The stock has a fifty day moving average price of $87.88 and a two-hundred day moving average price of $83.28. The firm has a market capitalization of $7.15 billion, a P/E ratio of 18.04 and a beta of 1.10.

About Global X Copper Miners ETF

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.