Global X Copper Miners ETF $COPX Shares Sold by Valence8 US LP

Valence8 US LP reduced its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 26.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,018 shares of the company’s stock after selling 13,248 shares during the period. Global X Copper Miners ETF comprises 1.0% of Valence8 US LP’s investment portfolio, making the stock its 14th biggest position. Valence8 US LP’s holdings in Global X Copper Miners ETF were worth $2,826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Foundations Investment Advisors LLC purchased a new position in shares of Global X Copper Miners ETF in the fourth quarter valued at $1,586,000. PCG Wealth Advisors LLC boosted its position in shares of Global X Copper Miners ETF by 63.2% in the 4th quarter. PCG Wealth Advisors LLC now owns 108,278 shares of the company’s stock worth $7,773,000 after buying an additional 41,947 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of Global X Copper Miners ETF in the 4th quarter worth about $1,071,000. Revisor Wealth Management LLC acquired a new stake in Global X Copper Miners ETF in the 4th quarter valued at about $552,000. Finally, Red Cedar Investment Management LLC acquired a new stake in Global X Copper Miners ETF in the 4th quarter valued at about $8,936,000.

Global X Copper Miners ETF Trading Down 0.8%

NYSEARCA:COPX opened at $77.72 on Friday. The firm has a 50-day moving average price of $81.04 and a two-hundred day moving average price of $82.32. Global X Copper Miners ETF has a twelve month low of $41.94 and a twelve month high of $99.99. The company has a market capitalization of $7.13 billion, a P/E ratio of 18.04 and a beta of 1.08.

Global X Copper Miners ETF Company 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.