FNY Investment Advisers LLC Decreases Position in Global X Copper Miners ETF $COPX

FNY Investment Advisers LLC decreased its holdings in Global X Copper Miners ETF (NYSEARCA:COPX) by 88.3% in the second quarter, Holdings Channel reports. The firm owned 13,900 shares of the company’s stock after selling 105,146 shares during the period. FNY Investment Advisers LLC’s holdings in Global X Copper Miners ETF were worth $1,069,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in Global X Copper Miners ETF by 359,496.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 216,858,244 shares of the company’s stock valued at $15,568,253,000 after buying an additional 216,797,938 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Global X Copper Miners ETF by 197.4% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,290,355 shares of the company’s stock worth $174,869,000 after acquiring an additional 1,520,355 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new stake in Global X Copper Miners ETF in the first quarter worth about $69,682,000. JPMorgan Chase & Co. grew its stake in shares of Global X Copper Miners ETF by 16.6% during the fourth quarter. JPMorgan Chase & Co. now owns 5,384,456 shares of the company’s stock worth $386,550,000 after acquiring an additional 766,399 shares during the last quarter. Finally, PointState Capital LP purchased a new stake in shares of Global X Copper Miners ETF during the fourth quarter worth about $54,012,000.

Global X Copper Miners ETF Stock Down 0.7%

COPX opened at $86.09 on Friday. The company has a market cap of $7.98 billion, a P/E ratio of 18.04 and a beta of 1.07. The firm’s 50-day moving average price is $80.44 and its 200-day moving average price is $82.45. Global X Copper Miners ETF has a 52-week low of $44.70 and a 52-week high of $99.99.

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.