Smart Portfolios LLC Buys 1,170 Shares of Global X Copper Miners ETF (NYSEARCA:COPX)

Smart Portfolios LLC boosted its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,823 shares of the company’s stock after acquiring an additional 1,170 shares during the period. Smart Portfolios LLC’s holdings in Global X Copper Miners ETF were worth $642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of COPX. Barclays PLC grew its position in Global X Copper Miners ETF by 245.8% during the third quarter. Barclays PLC now owns 122,780 shares of the company’s stock valued at $5,804,000 after buying an additional 87,278 shares during the period. CloudAlpha Capital Management Limited Hong Kong acquired a new position in Global X Copper Miners ETF during the 3rd quarter worth about $4,047,000. Wealthfront Advisers LLC acquired a new stake in shares of Global X Copper Miners ETF in the fourth quarter valued at $3,113,000. Lake Hills Wealth Management LLC acquired a new position in shares of Global X Copper Miners ETF during the fourth quarter worth $2,073,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Global X Copper Miners ETF in the 4th quarter valued at $1,958,000.

Global X Copper Miners ETF Stock Up 1.8 %

Shares of Global X Copper Miners ETF stock opened at $39.32 on Wednesday. Global X Copper Miners ETF has a 52-week low of $36.78 and a 52-week high of $52.90. The company’s 50-day simple moving average is $39.59 and its 200-day simple moving average is $41.85. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 16.59 and a beta of 1.35.

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.