Raymond James & Associates Decreases Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Raymond James & Associates trimmed its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 14.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 80,005 shares of the company’s stock after selling 12,991 shares during the quarter. Raymond James & Associates’ holdings in Global X Copper Miners ETF were worth $3,782,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Truist Financial Corp grew its holdings in Global X Copper Miners ETF by 2.9% during the second quarter. Truist Financial Corp now owns 13,070 shares of the company’s stock valued at $590,000 after purchasing an additional 370 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in Global X Copper Miners ETF by 8.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 5,190 shares of the company’s stock valued at $234,000 after purchasing an additional 384 shares during the period. Aptus Capital Advisors LLC grew its holdings in Global X Copper Miners ETF by 25.2% during the second quarter. Aptus Capital Advisors LLC now owns 2,064 shares of the company’s stock valued at $93,000 after purchasing an additional 415 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in Global X Copper Miners ETF during the second quarter valued at $27,000. Finally, Valley National Advisers Inc. grew its holdings in Global X Copper Miners ETF by 34.9% during the second quarter. Valley National Advisers Inc. now owns 2,997 shares of the company’s stock valued at $135,000 after purchasing an additional 775 shares during the period.

Global X Copper Miners ETF Trading Up 1.2 %

Shares of NYSEARCA COPX opened at $44.23 on Monday. The stock has a fifty day simple moving average of $44.25 and a two-hundred day simple moving average of $45.01. Global X Copper Miners ETF has a 1-year low of $31.65 and a 1-year high of $52.90. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21.

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.