Cercano Management LLC Invests $7.72 Million in Global X Copper Miners ETF $COPX

Cercano Management LLC bought a new position in shares of Global X Copper Miners ETF (NYSEARCA:COPX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 107,493 shares of the company’s stock, valued at approximately $7,717,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Global X Copper Miners ETF during the fourth quarter worth about $30,000. Sunbelt Securities Inc. bought a new stake in shares of Global X Copper Miners ETF during the third quarter worth about $30,000. Caitlin John LLC bought a new stake in shares of Global X Copper Miners ETF during the third quarter worth about $33,000. Harbour Investments Inc. increased its position in shares of Global X Copper Miners ETF by 72.6% during the fourth quarter. Harbour Investments Inc. now owns 977 shares of the company’s stock worth $70,000 after acquiring an additional 411 shares in the last quarter. Finally, US Bancorp DE bought a new stake in shares of Global X Copper Miners ETF during the third quarter worth about $60,000.

Global X Copper Miners ETF Stock Performance

Global X Copper Miners ETF stock opened at $90.06 on Tuesday. Global X Copper Miners ETF has a fifty-two week low of $41.45 and a fifty-two week high of $99.99. The stock has a market cap of $8.44 billion, a PE ratio of 18.04 and a beta of 1.03. The firm’s 50-day simple moving average is $81.72 and its 200 day simple moving average is $78.82.

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.