HBW Advisory Services LLC Invests $208,000 in Global X Copper Miners ETF (NYSEARCA:COPX)

HBW Advisory Services LLC bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,606 shares of the company’s stock, valued at approximately $208,000.

Several other large investors also recently made changes to their positions in COPX. Bright Futures Wealth Management LLC. bought a new position in Global X Copper Miners ETF in the first quarter valued at about $1,086,000. Jaffetilchin Investment Partners LLC acquired a new position in Global X Copper Miners ETF in the first quarter valued at about $444,000. Comerica Bank lifted its stake in Global X Copper Miners ETF by 29.4% in the first quarter. Comerica Bank now owns 14,341 shares of the company’s stock valued at $608,000 after buying an additional 3,257 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in Global X Copper Miners ETF by 26.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 18,358 shares of the company’s stock valued at $779,000 after buying an additional 3,885 shares during the period. Finally, Caxton Associates LP acquired a new position in Global X Copper Miners ETF in the first quarter valued at about $2,790,000.

Global X Copper Miners ETF Stock Performance

Global X Copper Miners ETF stock traded up $0.07 during midday trading on Tuesday, reaching $39.69. The stock had a trading volume of 1,672,806 shares, compared to its average volume of 1,294,587. The firm’s fifty day simple moving average is $45.27 and its 200-day simple moving average is $42.91. Global X Copper Miners ETF has a 1-year low of $31.65 and a 1-year high of $52.90. The stock has a market capitalization of $1.86 billion, a P/E ratio of 11.68 and a beta of 1.21.

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.