Bank of America Corp DE Has $23.98 Million Holdings in Global X Copper Miners ETF (NYSEARCA:COPX)

Bank of America Corp DE decreased its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 7.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 628,119 shares of the company’s stock after selling 52,542 shares during the quarter. Bank of America Corp DE’s holdings in Global X Copper Miners ETF were worth $23,982,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in COPX. SBI Securities Co. Ltd. purchased a new stake in shares of Global X Copper Miners ETF in the fourth quarter worth approximately $55,000. Creative Financial Designs Inc. ADV bought a new stake in Global X Copper Miners ETF during the fourth quarter worth $60,000. IFP Advisors Inc raised its position in Global X Copper Miners ETF by 166.7% in the 4th quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock valued at $61,000 after buying an additional 1,000 shares during the last quarter. Angeles Wealth Management LLC bought a new position in Global X Copper Miners ETF during the 4th quarter valued at $84,000. Finally, J.Safra Asset Management Corp bought a new position in Global X Copper Miners ETF during the 4th quarter valued at $147,000.

Global X Copper Miners ETF Price Performance

NYSEARCA COPX opened at $39.53 on Monday. The company has a fifty day moving average price of $38.46 and a 200-day moving average price of $39.84. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 14.56 and a beta of 1.18. Global X Copper Miners ETF has a 1 year low of $30.77 and a 1 year high of $52.90.

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.