Traders Purchase High Volume of Call Options on Global X Copper Miners ETF (NYSEARCA:COPX)

Global X Copper Miners ETF (NYSEARCA:COPX) saw some unusual options trading activity on Tuesday. Traders purchased 7,336 call options on the company. This represents an increase of 886% compared to the typical volume of 744 call options.

Global X Copper Miners ETF Price Performance

COPX opened at $42.08 on Thursday. Global X Copper Miners ETF has a 1-year low of $36.79 and a 1-year high of $52.90. The stock has a market cap of $2.84 billion, a P/E ratio of 16.06 and a beta of 1.35. The stock’s 50 day simple moving average is $40.20 and its 200 day simple moving average is $41.85.

Institutional Trading of Global X Copper Miners ETF

A number of institutional investors have recently bought and sold shares of COPX. Price T Rowe Associates Inc. MD lifted its holdings in shares of Global X Copper Miners ETF by 4.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,489,360 shares of the company’s stock valued at $133,224,000 after purchasing an additional 135,278 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its stake in Global X Copper Miners ETF by 585.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 139,134 shares of the company’s stock valued at $5,312,000 after buying an additional 118,827 shares in the last quarter. Elo Mutual Pension Insurance Co acquired a new stake in Global X Copper Miners ETF during the 4th quarter valued at $4,445,000. BNP Paribas Financial Markets increased its position in Global X Copper Miners ETF by 283.9% during the fourth quarter. BNP Paribas Financial Markets now owns 121,191 shares of the company’s stock worth $4,627,000 after buying an additional 89,623 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Global X Copper Miners ETF by 245.8% in the third quarter. Barclays PLC now owns 122,780 shares of the company’s stock worth $5,804,000 after acquiring an additional 87,278 shares during the last quarter.

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.