Park Avenue Securities LLC Lowers Stock Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Park Avenue Securities LLC cut its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 38.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,506 shares of the company’s stock after selling 3,376 shares during the quarter. Park Avenue Securities LLC’s holdings in Global X Copper Miners ETF were worth $260,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of COPX. Scarborough Advisors LLC purchased a new stake in shares of Global X Copper Miners ETF in the 4th quarter worth $27,000. Lowe Wealth Advisors LLC increased its position in Global X Copper Miners ETF by 61.6% during the 1st quarter. Lowe Wealth Advisors LLC now owns 24,397 shares of the company’s stock valued at $1,035,000 after purchasing an additional 9,301 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Global X Copper Miners ETF by 12.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 76,924 shares of the company’s stock valued at $3,264,000 after purchasing an additional 8,214 shares during the period. 180 Wealth Advisors LLC raised its holdings in shares of Global X Copper Miners ETF by 18.7% in the 1st quarter. 180 Wealth Advisors LLC now owns 9,349 shares of the company’s stock valued at $397,000 after purchasing an additional 1,470 shares in the last quarter. Finally, Legend Financial Advisors Inc. lifted its position in shares of Global X Copper Miners ETF by 4.1% in the 1st quarter. Legend Financial Advisors Inc. now owns 213,239 shares of the company’s stock worth $9,048,000 after purchasing an additional 8,452 shares during the period.

Global X Copper Miners ETF Stock Up 1.3 %

Shares of COPX stock opened at $46.85 on Monday. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 11.68 and a beta of 1.21. Global X Copper Miners ETF has a 52-week low of $31.65 and a 52-week high of $52.90. The company’s 50 day moving average is $43.12 and its 200 day moving average is $44.97.

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.