Raymond James Financial Inc. Acquires New Shares in Global X Copper Miners ETF (NYSEARCA:COPX)

Raymond James Financial Inc. bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 51,278 shares of the company’s stock, valued at approximately $1,958,000. Raymond James Financial Inc. owned about 0.11% of Global X Copper Miners ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. West Oak Capital LLC raised its stake in shares of Global X Copper Miners ETF by 478.3% in the 4th quarter. West Oak Capital LLC now owns 665 shares of the company’s stock valued at $25,000 after acquiring an additional 550 shares during the period. SBI Securities Co. Ltd. acquired a new stake in Global X Copper Miners ETF in the 4th quarter valued at approximately $55,000. IFP Advisors Inc raised its position in Global X Copper Miners ETF by 166.7% in the fourth quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock valued at $61,000 after purchasing an additional 1,000 shares during the period. Angeles Wealth Management LLC acquired a new position in Global X Copper Miners ETF during the fourth quarter worth $84,000. Finally, J.Safra Asset Management Corp acquired a new position in Global X Copper Miners ETF during the fourth quarter worth $147,000.

Global X Copper Miners ETF Trading Down 2.3 %

Shares of NYSEARCA COPX opened at $39.07 on Tuesday. The stock has a market capitalization of $2.63 billion, a PE ratio of 16.06 and a beta of 1.35. Global X Copper Miners ETF has a twelve month low of $36.79 and a twelve month high of $52.90. The stock has a fifty day simple moving average of $40.22 and a 200-day simple moving average of $41.88.

Global X Copper Miners ETF Company 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.