Global X Copper Miners ETF $COPX Shares Newly Bought by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. 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 filing with the Securities & Exchange Commission. The institutional investor purchased 19,765 shares of the company’s stock, valued at approximately $1,674,000.

A number of other hedge funds also recently bought and sold shares of the business. Bullseye Investment Management LLC acquired a new stake in Global X Copper Miners ETF in the second quarter valued at approximately $28,000. Groupe la Francaise increased its position in shares of Global X Copper Miners ETF by 67.4% in the second quarter. Groupe la Francaise now owns 385 shares of the company’s stock valued at $30,000 after buying an additional 155 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Global X Copper Miners ETF during the 1st quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new position in shares of Global X Copper Miners ETF during the 1st quarter worth approximately $33,000. Finally, Manchester Capital Management LLC acquired a new position in shares of Global X Copper Miners ETF during the 3rd quarter worth approximately $38,000.

Global X Copper Miners ETF Stock Performance

Shares of NYSEARCA:COPX traded up $1.02 during midday trading on Friday, reaching $71.25. 2,170,752 shares of the company’s stock traded hands, compared to its average volume of 3,952,731. Global X Copper Miners ETF has a 1 year low of $56.93 and a 1 year high of $99.99. The company has a market cap of $5.97 billion, a P/E ratio of 18.04 and a beta of 1.12. The company has a fifty day simple moving average of $83.20 and a two-hundred day simple moving average of $83.25.

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.