D.A. Davidson & CO. Purchases New Position in Global X Copper Miners ETF $COPX

D.A. Davidson & CO. purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 58,481 shares of the company’s stock, valued at approximately $4,953,000.

A number of other hedge funds also recently made changes to their positions in COPX. Wellington Management Group LLP acquired a new stake in Global X Copper Miners ETF in the 2nd quarter valued at approximately $8,481,000. Nan Shan Life Insurance Co. Ltd. raised its stake in Global X Copper Miners ETF by 89.3% during the 2nd quarter. Nan Shan Life Insurance Co. Ltd. now owns 52,746 shares of the company’s stock valued at $4,060,000 after acquiring an additional 24,875 shares in the last quarter. Juncture Wealth Strategies LLC acquired a new position in Global X Copper Miners ETF during the 3rd quarter worth $2,304,000. Crescent Grove Advisors LLC acquired a new position in Global X Copper Miners ETF during the 1st quarter worth $1,002,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Global X Copper Miners ETF during the 1st quarter worth $4,423,000.

Global X Copper Miners ETF Stock Performance

NYSEARCA:COPX opened at $71.96 on Friday. Global X Copper Miners ETF has a 1 year low of $56.93 and a 1 year high of $99.99. The stock has a market cap of $6.15 billion, a price-to-earnings ratio of 18.04 and a beta of 1.10. The business has a fifty day moving average of $85.54 and a 200-day moving average of $83.48.

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.