Global X Copper Miners ETF (NYSEARCA:COPX) Reaches New 52-Week High at $42.47

Shares of Global X Copper Miners ETF (NYSEARCA:COPX) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.47 and last traded at $42.42, with a volume of 543097 shares. The stock had previously closed at $41.41.

Global X Copper Miners ETF Price Performance

The stock’s fifty day moving average price is $37.16 and its 200-day moving average price is $36.04. The firm has a market cap of $1.62 billion, a PE ratio of 7.92 and a beta of 1.43.

Institutional Trading of Global X Copper Miners ETF

Institutional investors have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global X Copper Miners ETF by 22.9% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,701,284 shares of the company’s stock worth $101,298,000 after acquiring an additional 502,497 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in shares of Global X Copper Miners ETF in the 4th quarter valued at $54,548,000. Morgan Stanley boosted its holdings in Global X Copper Miners ETF by 37.8% during the 3rd quarter. Morgan Stanley now owns 1,209,687 shares of the company’s stock valued at $44,045,000 after acquiring an additional 331,670 shares during the period. OLD Mission Capital LLC increased its stake in Global X Copper Miners ETF by 362.4% during the fourth quarter. OLD Mission Capital LLC now owns 879,087 shares of the company’s stock worth $32,966,000 after purchasing an additional 688,987 shares during the period. Finally, Mackenzie Financial Corp grew its holdings in shares of Global X Copper Miners ETF by 5.9% in the first quarter. Mackenzie Financial Corp now owns 850,045 shares of the company’s stock valued at $38,686,000 after purchasing an additional 47,585 shares in 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.