JPMorgan Chase & Co. Acquires 766,399 Shares of Global X Copper Miners ETF $COPX

JPMorgan Chase & Co. boosted its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 16.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,384,456 shares of the company’s stock after buying an additional 766,399 shares during the quarter. JPMorgan Chase & Co. owned 0.06% of Global X Copper Miners ETF worth $386,550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of COPX. Barnes Dennig Private Wealth Management LLC bought a new stake in Global X Copper Miners ETF during the fourth quarter valued at about $30,000. Sunbelt Securities Inc. bought a new stake in Global X Copper Miners ETF during the third quarter valued at about $30,000. Caitlin John LLC bought a new stake in Global X Copper Miners ETF during the third quarter valued at about $33,000. Harbour Investments Inc. grew its holdings in Global X Copper Miners ETF by 72.6% during the fourth quarter. Harbour Investments Inc. now owns 977 shares of the company’s stock valued at $70,000 after purchasing an additional 411 shares during the period. Finally, US Bancorp DE bought a new stake in Global X Copper Miners ETF during the third quarter valued at about $60,000.

Global X Copper Miners ETF Stock Performance

NYSEARCA:COPX opened at $77.45 on Thursday. The stock has a 50-day simple moving average of $83.50 and a two-hundred day simple moving average of $80.03. Global X Copper Miners ETF has a 52-week low of $41.51 and a 52-week high of $99.99. The firm has a market capitalization of $7.26 billion, a PE ratio of 18.04 and a beta of 1.04.

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.