WT Wealth Management Makes New Investment in Global X Copper Miners ETF (NYSEARCA:COPX)

WT Wealth Management purchased a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,362 shares of the company’s stock, valued at approximately $319,000.

Several other institutional investors also recently added to or reduced their stakes in COPX. Pettinga Financial Advisors LLC increased its holdings in shares of Global X Copper Miners ETF by 17.5% in the third quarter. Pettinga Financial Advisors LLC now owns 20,170 shares of the company’s stock valued at $953,000 after purchasing an additional 3,005 shares during the period. Allworth Financial LP grew its holdings in Global X Copper Miners ETF by 524.0% during the third quarter. Allworth Financial LP now owns 599 shares of the company’s stock worth $28,000 after acquiring an additional 503 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in Global X Copper Miners ETF by 113.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,084 shares of the company’s stock worth $3,407,000 after acquiring an additional 38,304 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Global X Copper Miners ETF by 16.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 100,087 shares of the company’s stock worth $4,731,000 after acquiring an additional 13,826 shares during the period. Finally, Meitav Investment House Ltd. acquired a new position in Global X Copper Miners ETF during the third quarter worth $1,064,000.

Global X Copper Miners ETF Price Performance

Shares of COPX stock opened at $39.40 on Thursday. The business’s fifty day moving average price is $39.57 and its 200 day moving average price is $42.05. Global X Copper Miners ETF has a 1-year low of $35.49 and a 1-year high of $52.90. The firm has a market capitalization of $2.66 billion, a PE ratio of 16.59 and a beta of 1.35.

Global X Copper Miners ETF 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.