Stonebridge Financial Group LLC Makes New $4.96 Million Investment in Global X Copper Miners ETF $COPX

Stonebridge Financial Group LLC bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 64,507 shares of the company’s stock, valued at approximately $4,965,000.

Other hedge funds have also recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Global X Copper Miners ETF during the 4th quarter valued at $28,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Global X Copper Miners ETF during the 1st quarter worth $30,000. Sunbelt Securities Inc. acquired a new position in shares of Global X Copper Miners ETF in the 3rd quarter worth $30,000. International Assets Investment Management LLC acquired a new position in shares of Global X Copper Miners ETF in the 1st quarter worth $33,000. Finally, Longview Financial Advisors Inc. acquired a new position in shares of Global X Copper Miners ETF in the 1st quarter worth $34,000.

Global X Copper Miners ETF Stock Up 0.6%

Shares of Global X Copper Miners ETF stock opened at $79.36 on Tuesday. Global X Copper Miners ETF has a 12-month low of $43.21 and a 12-month high of $99.99. The firm has a market capitalization of $7.31 billion, a PE ratio of 18.04 and a beta of 1.08. The stock’s fifty day moving average is $80.55 and its 200-day moving average is $82.37.

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.