Global X Copper Miners ETF (NYSEARCA:COPX) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its stake in Global X Copper Miners ETF (NYSEARCA:COPX) by 22.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 45,611 shares of the company’s stock after selling 13,534 shares during the quarter. Stifel Financial Corp’s holdings in Global X Copper Miners ETF were worth $2,156,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. HITE Hedge Asset Management LLC purchased a new position in Global X Copper Miners ETF in the third quarter worth approximately $243,000. BNP Paribas Financial Markets lifted its position in shares of Global X Copper Miners ETF by 37.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 31,568 shares of the company’s stock worth $1,492,000 after purchasing an additional 8,550 shares during the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of Global X Copper Miners ETF by 3.6% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 12,952 shares of the company’s stock worth $612,000 after purchasing an additional 450 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in shares of Global X Copper Miners ETF during the third quarter worth $240,000. Finally, Mizuho Markets Americas LLC raised its stake in Global X Copper Miners ETF by 180.9% in the third quarter. Mizuho Markets Americas LLC now owns 22,985 shares of the company’s stock valued at $1,087,000 after buying an additional 14,802 shares in the last quarter.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA COPX opened at $38.30 on Friday. The business has a 50-day moving average of $43.24 and a two-hundred day moving average of $43.75. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. Global X Copper Miners ETF has a 1 year low of $33.90 and a 1 year 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.