Millennium Management LLC Takes $5.63 Million Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Millennium Management LLC purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 124,788 shares of the company’s stock, valued at approximately $5,629,000. Millennium Management LLC owned about 0.27% of Global X Copper Miners ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV lifted its position in 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 buying an additional 384 shares during the last quarter. Aptus Capital Advisors LLC lifted its position in Global X Copper Miners ETF by 25.2% in the second quarter. Aptus Capital Advisors LLC now owns 2,064 shares of the company’s stock valued at $93,000 after buying an additional 415 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Global X Copper Miners ETF in the second quarter valued at about $27,000. Wealthspan Partners LLC lifted its position in Global X Copper Miners ETF by 4.9% in the first quarter. Wealthspan Partners LLC now owns 14,354 shares of the company’s stock valued at $609,000 after buying an additional 671 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in Global X Copper Miners ETF during the fourth quarter worth about $27,000.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA:COPX opened at $46.83 on Friday. The firm has a market capitalization of $2.20 billion, a PE ratio of 11.68 and a beta of 1.21. The firm’s 50-day moving average is $43.00 and its two-hundred day moving average is $44.88. Global X Copper Miners ETF has a 1 year low of $31.65 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.