Basso Capital Management L.P. Buys 1,050 Shares of Global X Copper Miners ETF (NYSEARCA:COPX)

Basso Capital Management L.P. boosted its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,650 shares of the company’s stock after purchasing an additional 1,050 shares during the quarter. Basso Capital Management L.P.’s holdings in Global X Copper Miners ETF were worth $674,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fielder Capital Group LLC boosted its position in shares of Global X Copper Miners ETF by 3.8% in the fourth quarter. Fielder Capital Group LLC now owns 381,883 shares of the company’s stock valued at $14,580,000 after acquiring an additional 13,899 shares during the period. Legend Financial Advisors Inc. boosted its position in shares of Global X Copper Miners ETF by 2.2% in the fourth quarter. Legend Financial Advisors Inc. now owns 215,868 shares of the company’s stock valued at $8,242,000 after acquiring an additional 4,561 shares during the period. Barclays PLC boosted its position in shares of Global X Copper Miners ETF by 245.8% in the third quarter. Barclays PLC now owns 122,780 shares of the company’s stock valued at $5,804,000 after acquiring an additional 87,278 shares during the period. Wealthfront Advisers LLC bought a new stake in shares of Global X Copper Miners ETF in the fourth quarter valued at about $3,113,000. Finally, National Bank of Canada FI boosted its position in shares of Global X Copper Miners ETF by 0.7% in the third quarter. National Bank of Canada FI now owns 57,871 shares of the company’s stock valued at $2,736,000 after acquiring an additional 405 shares during the period.

Global X Copper Miners ETF Stock Performance

Shares of Global X Copper Miners ETF stock opened at $41.32 on Monday. The firm has a 50-day moving average of $39.69 and a 200-day moving average of $41.78. The stock has a market cap of $2.79 billion, a PE ratio of 16.06 and a beta of 1.35. Global X Copper Miners ETF has a 52-week low of $36.78 and a 52-week high of $52.90.

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.