Fortis Group Advisors LLC Invests $1.40 Million in Global X Copper Miners ETF $COPX

Fortis Group Advisors LLC bought a new position in Global X Copper Miners ETF (NYSEARCA:COPX) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 19,547 shares of the company’s stock, valued at approximately $1,403,000.

A number of other large investors have also recently made changes to their positions in COPX. Barnes Dennig Private Wealth Management LLC bought a new position in Global X Copper Miners ETF during the 4th quarter valued at about $30,000. Sunbelt Securities Inc. bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at about $30,000. Caitlin John LLC bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at about $33,000. US Bancorp DE bought a new position in Global X Copper Miners ETF during the 3rd quarter valued at about $60,000. Finally, AlphaCore Capital LLC grew its holdings in Global X Copper Miners ETF by 318.5% during the 3rd quarter. AlphaCore Capital LLC now owns 1,088 shares of the company’s stock valued at $65,000 after purchasing an additional 828 shares during the last quarter.

Global X Copper Miners ETF Trading Up 3.7%

Shares of NYSEARCA:COPX opened at $82.31 on Thursday. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 18.04 and a beta of 1.03. Global X Copper Miners ETF has a 12 month low of $39.96 and a 12 month high of $99.99. The firm’s 50-day moving average is $80.42 and its 200 day moving average is $77.37.

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.