CloudAlpha Capital Management Limited Hong Kong Takes $4.05 Million Position in Global X Copper Miners ETF (NYSEARCA:COPX)

CloudAlpha Capital Management Limited Hong Kong purchased a new stake in shares of Global X Copper Miners ETF (NYSEARCA:COPX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 85,615 shares of the company’s stock, valued at approximately $4,047,000. Global X Copper Miners ETF comprises approximately 0.2% of CloudAlpha Capital Management Limited Hong Kong’s holdings, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its holdings in Global X Copper Miners ETF by 1.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,476,842 shares of the company’s stock valued at $62,663,000 after buying an additional 22,247 shares in the last quarter. Wolf Hill Capital Management LP lifted its position in Global X Copper Miners ETF by 92.6% in the first quarter. Wolf Hill Capital Management LP now owns 1,042,077 shares of the company’s stock worth $44,215,000 after buying an additional 501,120 shares during the last quarter. Thrivent Financial for Lutherans boosted its position in Global X Copper Miners ETF by 0.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 684,362 shares of the company’s stock valued at $30,872,000 after buying an additional 3,615 shares during the period. Magnolia Capital Advisors LLC bought a new position in Global X Copper Miners ETF in the 2nd quarter worth about $16,814,000. Finally, Fielder Capital Group LLC grew its stake in Global X Copper Miners ETF by 2.0% in the 2nd quarter. Fielder Capital Group LLC now owns 355,825 shares of the company’s stock worth $16,051,000 after acquiring an additional 6,904 shares in the last quarter.

Global X Copper Miners ETF Stock Performance

NYSEARCA COPX opened at $40.85 on Thursday. The firm’s 50 day moving average price is $44.43 and its 200-day moving average price is $44.94. Global X Copper Miners ETF has a 52-week low of $33.25 and a 52-week high of $52.90. The company has a market cap of $1.92 billion, a PE ratio of 11.68 and a beta of 1.21.

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.