Global X Copper Miners ETF (NYSEARCA:COPX) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 26.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,297,398 shares of the company’s stock after selling 473,487 shares during the quarter. JPMorgan Chase & Co.’s holdings in Global X Copper Miners ETF were worth $61,328,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Realta Investment Advisors acquired a new position in Global X Copper Miners ETF in the 3rd quarter worth about $25,000. Allworth Financial LP grew its stake in Global X Copper Miners ETF by 524.0% in the 3rd quarter. Allworth Financial LP now owns 599 shares of the company’s stock valued at $28,000 after acquiring an additional 503 shares during the period. EPIQ Capital Group LLC acquired a new position in Global X Copper Miners ETF during the second quarter worth $209,000. AQR Capital Management LLC purchased a new position in Global X Copper Miners ETF during the second quarter valued at $217,000. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Global X Copper Miners ETF by 8.0% in 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.

Global X Copper Miners ETF Trading Up 1.1 %

COPX stock opened at $38.96 on Friday. Global X Copper Miners ETF has a 12-month low of $33.90 and a 12-month high of $52.90. The business’s 50-day moving average is $41.78 and its 200 day moving average is $43.23. The stock has a market cap of $1.83 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.