Comerica Bank Reduces Position in Global X Copper Miners ETF (NYSEARCA:COPX)

Comerica Bank lessened its holdings in shares of Global X Copper Miners ETF (NYSEARCA:COPX) by 19.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,306 shares of the company’s stock after selling 3,365 shares during the quarter. Comerica Bank’s holdings in Global X Copper Miners ETF were worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in shares of Global X Copper Miners ETF during the 4th quarter worth $55,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Global X Copper Miners ETF during the 4th quarter worth $60,000. IFP Advisors Inc boosted its stake in shares of Global X Copper Miners ETF by 166.7% during the 4th quarter. IFP Advisors Inc now owns 1,600 shares of the company’s stock worth $61,000 after acquiring an additional 1,000 shares during the last quarter. Angeles Wealth Management LLC purchased a new position in shares of Global X Copper Miners ETF during the 4th quarter worth $84,000. Finally, J.Safra Asset Management Corp purchased a new position in shares of Global X Copper Miners ETF during the 4th quarter worth $147,000.

Global X Copper Miners ETF Price Performance

Shares of Global X Copper Miners ETF stock opened at $40.43 on Thursday. The company’s fifty day simple moving average is $38.43 and its 200-day simple moving average is $39.97. The stock has a market capitalization of $2.03 billion, a PE 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 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.