Beck Capital Management LLC Has $6.94 Million Stock Position in Global X Copper Miners ETF $COPX

Beck Capital Management LLC grew its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 184.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 96,619 shares of the company’s stock after acquiring an additional 62,603 shares during the quarter. Global X Copper Miners ETF accounts for approximately 1.7% of Beck Capital Management LLC’s investment portfolio, making the stock its 15th biggest position. Beck Capital Management LLC’s holdings in Global X Copper Miners ETF were worth $6,936,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Balefire LLC grew its position in shares of Global X Copper Miners ETF by 125.3% during the 4th quarter. Balefire LLC now owns 25,771 shares of the company’s stock worth $1,850,000 after purchasing an additional 14,335 shares in the last quarter. Black Swift Group LLC increased its holdings in shares of Global X Copper Miners ETF by 124.3% during the third quarter. Black Swift Group LLC now owns 117,720 shares of the company’s stock worth $7,041,000 after purchasing an additional 65,245 shares during the period. Foundations Investment Advisors LLC acquired a new stake in shares of Global X Copper Miners ETF in the fourth quarter valued at approximately $1,586,000. Flagship Harbor Advisors LLC bought a new stake in shares of Global X Copper Miners ETF in the fourth quarter valued at approximately $1,071,000. Finally, PCG Wealth Advisors LLC boosted its stake in shares of Global X Copper Miners ETF by 63.2% in the fourth quarter. PCG Wealth Advisors LLC now owns 108,278 shares of the company’s stock valued at $7,773,000 after buying an additional 41,947 shares during the period.

Global X Copper Miners ETF Price Performance

Shares of NYSEARCA:COPX opened at $85.97 on Friday. The business’s 50 day simple moving average is $83.79 and its 200 day simple moving average is $80.24. Global X Copper Miners ETF has a 1 year low of $41.51 and a 1 year high of $99.99. The company has a market capitalization of $8.06 billion, a P/E 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.