Quadrature Capital Ltd Purchases New Stake in Global X Copper Miners ETF (NYSEARCA:COPX)

Quadrature Capital Ltd acquired a new position in Global X Copper Miners ETF (NYSEARCA:COPX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,243 shares of the company’s stock, valued at approximately $944,000.

A number of other hedge funds have also made changes to their positions in COPX. Wolf Hill Capital Management LP increased its holdings in Global X Copper Miners ETF by 92.6% in the 1st quarter. Wolf Hill Capital Management LP now owns 1,042,077 shares of the company’s stock valued at $44,215,000 after purchasing an additional 501,120 shares in the last quarter. Pinnbrook Capital Management LP purchased a new stake in shares of Global X Copper Miners ETF in the first quarter worth about $13,829,000. Inspire Advisors LLC grew its stake in shares of Global X Copper Miners ETF by 10.2% in the first quarter. Inspire Advisors LLC now owns 47,326 shares of the company’s stock valued at $2,008,000 after buying an additional 4,387 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of Global X Copper Miners ETF by 5,360.0% in the first quarter. Geneos Wealth Management Inc. now owns 13,650 shares of the company’s stock valued at $579,000 after buying an additional 13,400 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. acquired a new position in Global X Copper Miners ETF during the 1st quarter worth approximately $36,914,000.

Global X Copper Miners ETF Trading Up 1.5 %

NYSEARCA:COPX traded up $0.63 during trading hours on Friday, hitting $42.58. The stock had a trading volume of 1,360,634 shares, compared to its average volume of 1,284,991. The company has a market cap of $2.00 billion, a PE ratio of 11.68 and a beta of 1.21. The business has a 50 day simple moving average of $46.22 and a two-hundred day simple moving average of $42.62. Global X Copper Miners ETF has a 1-year low of $31.65 and a 1-year high of $52.90.

About Global X Copper Miners ETF

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.