United States Copper Index Fund (NYSEARCA:CPER) Trading 0.6% Higher

United States Copper Index Fund (NYSEARCA:CPERGet Free Report)’s stock price traded up 0.6% during mid-day trading on Friday . The company traded as high as $28.65 and last traded at $28.55. 187,270 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 135,534 shares. The stock had previously closed at $28.37.

United States Copper Index Fund Trading Up 0.6 %

The stock has a 50 day simple moving average of $25.61 and a 200-day simple moving average of $24.16. The firm has a market cap of $187.00 million, a P/E ratio of 3.21 and a beta of 0.73.

Institutional Trading of United States Copper Index Fund

A number of large investors have recently added to or reduced their stakes in the company. Tidemark LLC purchased a new position in shares of United States Copper Index Fund in the 4th quarter worth approximately $43,000. Hoey Investments Inc. purchased a new position in shares of United States Copper Index Fund in the 3rd quarter worth approximately $46,000. Simplex Trading LLC boosted its holdings in United States Copper Index Fund by 174.1% during the 3rd quarter. Simplex Trading LLC now owns 6,324 shares of the company’s stock valued at $145,000 after acquiring an additional 14,859 shares during the period. Commonwealth Equity Services LLC boosted its holdings in United States Copper Index Fund by 11.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 12,222 shares of the company’s stock valued at $281,000 after acquiring an additional 1,216 shares during the period. Finally, Knollwood Investment Advisory LLC purchased a new position in United States Copper Index Fund during the 3rd quarter valued at $1,264,000.

About United States Copper Index Fund

(Get Free Report)

The United States Copper Index Fund, LP (CPER) is an exchange-traded fund that is based on the SummerHaven Copper index. The fund tracks a rules-based index of copper futures contracts selected based on the shape of the copper futures curve. CPER was launched on Nov 15, 2011 and is managed by US Commodity Funds.

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