HighTower Advisors LLC Cuts Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

HighTower Advisors LLC reduced its position in Global X Copper Miners ETF (NYSEARCA:COPX) by 86.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,752 shares of the company’s stock after selling 43,554 shares during the period. HighTower Advisors LLC’s holdings in Global X Copper Miners ETF were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in COPX. Realta Investment Advisors purchased a new position in Global X Copper Miners ETF in the 3rd quarter valued at about $25,000. Allworth Financial LP lifted its stake 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 purchasing an additional 503 shares in the last quarter. Aptus Capital Advisors LLC increased its stake 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 worth $93,000 after purchasing an additional 415 shares during the period. EPIQ Capital Group LLC acquired a new stake in Global X Copper Miners ETF during the 2nd quarter worth approximately $209,000. Finally, AQR Capital Management LLC purchased a new stake in Global X Copper Miners ETF during the 2nd quarter worth about $217,000.

Global X Copper Miners ETF Trading Up 1.0 %

Shares of NYSEARCA:COPX opened at $39.31 on Tuesday. Global X Copper Miners ETF has a 52 week low of $33.90 and a 52 week high of $52.90. The company has a market cap of $1.85 billion, a PE ratio of 11.68 and a beta of 1.21. The company’s 50 day moving average is $43.09 and its two-hundred day moving average is $43.65.

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.