United States Copper Index Fund (NYSEARCA:CPER) Shares Up 1.3% – Here’s What Happened

United States Copper Index Fund (NYSEARCA:CPERGet Free Report) rose 1.3% during trading on Wednesday . The stock traded as high as $27.63 and last traded at $27.60. Approximately 246,526 shares were traded during trading, an increase of 106% from the average daily volume of 119,881 shares. The stock had previously closed at $27.24.

United States Copper Index Fund Stock Performance

The stock has a market cap of $189.39 million, a PE ratio of 3.28 and a beta of 0.49. The company’s 50-day moving average price is $26.10 and its 200 day moving average price is $26.64.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. CWM LLC increased its stake in shares of United States Copper Index Fund by 597,600.0% in the 3rd quarter. CWM LLC now owns 5,977 shares of the company’s stock worth $169,000 after purchasing an additional 5,976 shares in the last quarter. International Assets Investment Management LLC grew its holdings in United States Copper Index Fund by 2,734.9% during the third quarter. International Assets Investment Management LLC now owns 6,662 shares of the company’s stock valued at $189,000 after purchasing an additional 6,427 shares during the period. Beck Capital Management LLC purchased a new stake in United States Copper Index Fund in the third quarter worth about $206,000. Fidelis Capital Partners LLC purchased a new stake in United States Copper Index Fund in the third quarter worth about $215,000. Finally, Advisory Alpha LLC bought a new position in shares of United States Copper Index Fund in the second quarter worth about $255,000.

United States Copper Index Fund Company Profile

(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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