Nan Shan Life Insurance Co. Ltd. increased its stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX – Free Report) by 89.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,746 shares of the company’s stock after buying an additional 24,875 shares during the quarter. Nan Shan Life Insurance Co. Ltd. owned 0.06% of Global X Copper Miners ETF worth $4,060,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Foundations Investment Advisors LLC purchased a new position in Global X Copper Miners ETF during the 4th quarter worth $1,586,000. PCG Wealth Advisors LLC raised its holdings 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 purchasing an additional 41,947 shares during the last quarter. Red Cedar Investment Management LLC purchased a new stake in shares of Global X Copper Miners ETF in the fourth quarter valued at about $8,936,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Global X Copper Miners ETF during the fourth quarter valued at about $56,244,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Global X Copper Miners ETF by 16.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock valued at $386,550,000 after purchasing an additional 766,399 shares in the last quarter.
Global X Copper Miners ETF Stock Performance
Global X Copper Miners ETF stock opened at $89.24 on Wednesday. Global X Copper Miners ETF has a fifty-two week low of $48.94 and a fifty-two week high of $99.99. The firm’s 50-day simple moving average is $82.20 and its 200 day simple moving average is $82.94. The stock has a market cap of $8.28 billion, a PE ratio of 18.04 and a beta of 1.07.
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.
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